R5,500,000 | 8Ha Small Holding For Sale in Prince Albert Rural

Situated on the North-Eastern boundary of the quant little town of Prins Albert, this 8-hectare prime olive production farm boasts stunning views onto the mountain ranges and the vast Koup Karoo towards the North.

The new owner can use the olives for own consumption or sell it. The olive grove consists of Kalamata, Favalosaand Frantoio olive trees. The owner of the olive plant close-by is prepared to prune, harvest and buy in the fruit under contract.

Water usage rights (2 hour allocation) are registered with the Kweek Valley Irrigation Scheme. A duly equipped borehole supplies additional water, all of which is stored in an earth dam. From the earth dam it is pumped directly from the into the well-maintained micro-sprayer-irrigation system.

There is no building infrastructure, except for a small storage building. Eskom is available.

Farming infrastructure consists of a neatly maintained, mature olive grove as well as fallow land. The area is widely renowned for its delicious olives and quality olive products.

For sale at R5,500,000 excluding VAT. It is possible to structure the sales agreement for the farm to be sold as a going concern at 0% VAT.