26.8 ha Farm in Koekenaap

Wine Farm with Valuable Water Rights

Situated in the sought-after Olifants River Valley of Koekenaap, this productive 26.84-hectare wine farm is ideally located just 11km from Lutzville, 35km from Vredendal, approximately 365km north of Cape Town, and only a short drive from Strandfontein

The farm comprises 16.21 hectares of established vineyards, including Sauvignon Blanc, Chenin Blanc, Shiraz, Colombard, Cabernet Sauvignon and Ruby Cabernet. Planted between 1998 and 2014, the vineyards are fully drip irrigated by an automated irrigation system. With no fixed grape delivery quotas, the purchaser has the freedom to supply the cellar of their choice.

Valuable Registered Water RightsOne of the farm''s most valuable assets is its 13.7 hectares of registered LORWUA water rights, with an estimated replacement value of at least R5 754 000. Subject to LORWUA approval and applicable regulations, these water rights may potentially be transferred to another qualifying property.

Additional water infrastructure includes:

Strong borehole producing approximately 32,000 litres per hourLined irrigation dam with a capacity of approximately 4,900m and sup3Fully automated irrigation and moisture monitoring systemsImprovementsThe comfortable 211m and sup2 main residence offers:

3 bedrooms and 2 bathroomsModern open-plan kitchen with Smeg gas hobSpacious entertainment area with indoor braai and wood-burning stoveBeautiful established garden with automated irrigationAdditional improvements include:

Two self-contained cottages with excellent rental potentialLarge implement sheds and workshopOffice, fuel storage and chemical storeroomHorse stables, sheep pens and irrigated paddocksComprehensive irrigation pump station and farming infrastructureThis is an outstanding opportunity to acquire a productive wine farm with quality improvements, excellent infrastructure and exceptionally valuable registered water rights.

Asking Price: R5 995 000The advertised purchase price of R5 995 000 applies to the land, all permanent improvements, fixed infrastructure and the registered water rights.

Farming equipment, machinery, implements, tools, livestock and other movable assets are excluded from the advertised sale and purchase price.

Should a purchaser wish to acquire the farming operation as a going concern, including movable farming assets, this may be negotiated separately under a separate agreement and will be subject to the applicable tax treatment.

Contact me today to view this well kept and neat property.