5 ha farm in Riversdale

R 3 400 000

Riaan de Villiers

Leopard Rock Estates

5 ha farm in Riversdale

R 3 400 000

Land Area 5 ha

Riversdale 5ha Olive grove for sale with 5100 producing olive trees.

Riversdale Olive farm. *

DESCRIPTION:

-The size of the above Erf is 5,5261 ha.

-Planted (during late 2009 and early 2010) on the Erf is approximately 5 100 olive trees.

-The dense planting strategy was followed due to the exceptional soil quality and the abundance of water available (only 14% of available yearly water quota used to date).

-The cultivars planted are Leccino, Coratina and Frantoio.

-The first significant crop will be harvested in March to May 2014. The fact that fruit were already being produced on young trees from year 2 is indicative that the yield from this orchid will be very impressive in the future.

-A full technical report on the orchid by one of the leading olive plant and oil experts in South Africa is available on request.

-In full production the orchid will yield between 8 and 27 tonnes per ha. 20% oil (extra virgin olive oil) is produced from weight. This equates to on average 19 tonnes (3 800 liters). Wholesale returns on quality extra virgin olive oil is from R 60 to R 150 per litre. Therefore and exceptional return on investment. The older the trees are, the better the yield (unlike other fruit trees).

-A farming and management contract is available with a local olive farmer. This contract can be continued or cancelled with immediate effect.

-An area was left for building a main and secondary house (electricity and water connections available).

-Water stream at border

-Water rights out of large dam

-Totally fenced

-Building plans ready for a house

-Beautiful mountain views

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5 ha farm in Riversdale

R 3 400 000

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