R4,300,000
Monthly Bond Repayment R42,210.66
Calculated over 20 years at 10.25% with no deposit.
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A Hidden Gem with lots of Potential
The farm is about 8km out of Wepener on the road to Sephapos gate and 120km from Bloemfontein.
The farm has a beautiful topography of large flat areas and some hills. The total size of the farm is 1215h of which 220h used to be planted with maize and wheat.
The current owner rents out the property to a long-term tenant. The lease agreement comes to an end at the end of Feb 2023.
There are 7 dams.
There are 5 boreholes, 2of which has windmills and 1 is equipped with a solar pump.
There are cattle handling facilities.
The eskom line to the farm is currently deactivated.
There are numerous outbuildings for storage and a high open sided steel structure for larger equipment.
The house and flatlet have not been used in a long time and will need some work.
There is 4 units for staff accommodation.
The tenant currently has about 200 head of cattle on the property.
VAT Excluding.
The river (Sandspruit) that runs through the property is not part of the land for sale. It has a different owner who currently mines sand there.