Annandale Hills - A 41ha, productive, commercial wine farm situated in the region of Spier, 5kms outside Stellenbosch is up for sale.
Currently the farm is planted to wine grapes, all under drip irrigation and on a trellising system. Grape cultivars include Cabernet Sauvignon, Cabernet Franc, Merlot, Shiraz, Petit Verdot and Mouverdre. Most of the vines were planted in 2002. Further to this, there is a small block of olives.
Irrigation water is supplied by the Theewaterskloof irrigation scheme @ 80 000m per annum and drinking water is drawn from one of two boreholes on the farm.
There is an Old Cape style main homestead with 3 bedrooms and 1 bathroom as well as two managers'' houses on the farm. All houses are currently rented out and in need of renovation.
Production figures are available on request.
The farm is to be sold with movables as a going concern and the price of R14,7 million is inclusive of Vat at 0%