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332 ha Farm in Bathurst and Surrounds

R 14 000 000

Address: thorndale farm
Land Area 332 ha Rates R 4196

Pineapple Farm between Bathurst and Port Alfred . This property consists of two title deeds. One section of 233ha and the other 112ha. Both farms are under pineapples and pastures and will be sold together.

There is currently a three year rolling contract with the pineapple factory. This ensures a guaranteed market for the fruit produced. Planting is done throughout the year and produced all year round.

The farm employs a total of 18 employees who are permanent and live in Port Alfred. The farm provides transport to and from work daily. Planting of pineapples is currently done by a contractor. There is a workers trust for all farm employees and factory employees which owns 26% in the holding company. Dividends are paid out depending on company results.

The farms are sold as a going concern with all equipment. There is a homestead and sheds. There are approximately 60 cattle.

A great opportunity!

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Key Property Features

BIC
Family Tv Room
Kitchen
Pet Friendly

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Dold & Stone Inc
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