122 ha Farm in Riversdale

Welcome to your charming countryside retreat 5 km outside Riversdale. This 122 Ha property (5 title deeds) is located north-east of the town and nestled in the heart of picturesque surroundings, offers a opportunity to own a thriving hospitality business and farm.

The infrastructure on this farm consists of:

- The main house is 17mX17m (This does not include stoep and paved areas) Built in circa 1820 and fully restored

- The Summer house braai area is 4X8m covered and another 4X8m outside seated areas built in 2008

- Historical monument (completed in 1795) and fully restored 8X30m double storied lower story only 8X12m

- Historical barn accommodation unit, function venue, business offices 50x5.2m double story (85% renovated) , excludes surround stoep 2.5m deep

- Ablution building linked to 4 11 X5m 60% completed renovation

- Yellow house 7X11m need extensive renovations

- Goat house air B&B unit 6X10m fully renovated

- Afdak steel shed 10X12m need extensive renovations has been torn down for rebuild

- Chicken hoks X2 14X3m and 9X5m

- Bluegum shed 10x14m needing restoration

- Rental cottage 1 (3-bedroom unit) 8X12m renovated

- Rental cottage 2 (3-bedroom unit) 8X12m renovated

- Rental cottage 3 (Thatch) 11x4m (one bedroom unit) partially renovated

- Rental cottage 4 (Thatch) 11X4m (one bedroom unit) renovated

- Horse shelter 15X4m

- Big Barn (built 2009) 17x13n and 5x5m (With loft space approx. 5 X13)

- Long Mountain Lodge (Architecturally designed house built 2010) approx. 350m2 2 beds, 2 bathroom also have mezzanine bedroom and storage space

- Old shed next to the monument needs refurbishment 12X12m

- 2 small rondavels for equipment and

- 2 small cement reservoirs

The property descriptions and sizes:

o Portion 14 of farm 211 105.6ha

o Portion 8 of farm 211 0.86 ha

o Portion 6 of farm 211 8.2 ha

o Portion 4 of farm 211 1.72 ha

o Portion 2 of farm 211 4.92 ha

Note the monument is on a separate drawing after the SG prior to 1970 just needs registration

So technically 6 title deeds important for future development

Details of water rights

The farm is served by a lei-water furrow from the Korentepoort dam irrigation system served by a water bailiff twice daily.

There is a canal servitude over the property. The water is received at a about 30m head and thus all gravity irrigated.

The reticulation is underground. All the pastures are pressure irrigated. value of -see hereafter

Water allocation use allocation in terms of the old flood irrigated hectarage total being 20 ha 140 000m3 per annum from the scheme of the Korentepoort dam

Value of gravity fed water reticulation system buried piping about R300 000, drag lines and sprayers R100 000, irrigated pastures R250 000

Water tanks: 7X10 000litre 4 X 5000l = R100 000

Water Purification system pumps, filters = R60 000

Irrigation system to olive pastures R100 000

Solar system at Long Mountain lodge circa R250 000 but batteries needs replacement

Boreholes, if any

Nil

Dams, if any

5 earth dams receiving gravity fed schemed water with sluices

Fencing / type 7 camps with old 900m barbed wire fences.

Gross revenue from rentals per annum

R850 000 R900 000 from short and long-term rentals

Operating expenses per annum

Annual:

Rates R6500

Electricity R66 000

Water R 55 000

Staff currently our staff costs R24000pm two general workers and 1.5 cleaning staff

Our animals we will take with and thus their costs are not included

Equipment details and value thereof

Property sold without movables but old 1980 MF 290 tractor and trailer negotiable and other equipment can individually be negotiated.

Any other value adds that I should be aware of:

R2million alien clearing and wetland rehabilitations conducted.

One Aga to stay, but one (small Aga in Opstal) to be removed.

Don''t miss the chance to make this enchanting guest farm your own. Schedule a viewing and experience the allure of this unique property firsthand.