19 ha farm in Elgin
R 15 000 000
19 ha farm in Elgin
R 15 000 000Can I afford this?
Beautiful 19ha lifestyle farm in the picturesque Elgin Valley
The main homestead (approximately 530m) consists of the following: 4 bedrooms, 2 bathrooms, lounge, library, dining room, kitchen, dining hall / games room. There is a lovely vine-covered veranda leading off the lounge and dining room, shaded by a massive Oak tree.
The cottage (approximately 80m2) 2 bedrooms, a bathroom, a kitchen and a lounge.
The farm shed (approximately 200m2) has a large open working area, 3 store-rooms, two WC''s and a staff rest room or office.
There are three open garages
19.7 Hectares 5.9 Ha are planted to apples Granny Smith, Golden Delicious and Top Red. Another approximately 9.64 Ha are lying fallow, after old apple orchards were pulled out these fallow fields may qualify for organic farming certification, and can in any event readily be planted again.
An avenue of mature and productive pecan-nut trees leads from the Viljoenshoop Road down to the large, old homestead with its gardens and mature oak trees.
Water & Irrigation
The farm is registered for irrigation water with the local Groenland Irrigation scheme, which supplies water via pipeline directly to the farm.
The farm has an allocation of 82,000 cubic meters of summer water, and 14,000 cubic meters of winter water. This is adequate, even if the farm were to be fully-planted again.
Underground main water lines reach into each corner of the farm, and sub-mains supply each orchard block, and smaller blocks within each orchard.
Drip-lines supply each tree individually and which allows for a finely-tuned irrigation and fertigation schedule.
Domestic water is supplied from a borehole located near the homestead and stored in a cement tank, from where it is gravity-fed down to the homestead.
The farm is supplied directly by Eskom, with a transformer located near the homestead.
The neighbor has been operating the orchards for his own profit or loss. Based on available information, average production has been in the vicinity of 800 to 900 bins of apples per annum, with perhaps 90% of fruit picked being Grade 1 (export quality).
Production will drop dramatically for a few years as some of the orchards have been cut right down for grafting to new varieties. The upside is that the new varieties ought to be significantly more profitable than the old, so by 2020 a new owner will begin to enjoy the benefits of the current grafting program.
Sherwood Farm can be enjoyed as a lifestyle farm, with an upgraded and modernized homestead and with horse paddocks and cattle pastures extending over the open fields. Alternatively or additionally, one can readily start a tree-nursery, erect green-houses and produce high-end produce for the local and export markets, establish a fish farm and/or grow vegetables, flowers, Lucerne and exotic fruits, erect cold-stores and more.
Naturally one can readily plant new deciduous fruit orchards and/or vineyards too.
At a cost of some R125,000 per hectare, the farm could be planted to Oak trees, inoculated in order to produce truffles, an immensely valuable and sought-after delicacy. With very low maintenance and operating costs, a hectare of Oak trees can reportedly generate an income of upwards of R500,000 per annum in truffles, and when felled, the timber too can prove to be very valuable.
Alternatively or additionally, one can embrace the tourism potential, and establish a boutique country hotel, a guest lodge, a restaurant, weekend cottages or a bed & breakfast establishment.