Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 37 000 000

Farm for Sale in Klein Drakenstein

Klein Drakenstein, Paarl

52.411 ha
- m²: 524 110 m²
- Hectares: 52.411 ha
- Acres: 129.51 acres

Contact Agents

Multiple income streams and opportunity for more!!

Sporting Events, Accommodation, Water, Restaurant, Kids Parties.

Vendor finance opportunities can be explored with the owner. The owner has diversified this property to allow for multiple income streams. This commercialized property on the Du Toitskloof Pass Road (R101) lies on both sides of the busy N1 toll road and the R101 for almost 2km. Tunnels under both roads create the ideal opportunity for various sporting events as they offer safe crossing of these roads. The profit centers are as follows:

WEDDING & FUNCTION – The function venue can seat up to 300 guests and there is enough space for a marquee tent to be erected outside.

RESTAURANT & KIDS PARTIES – There is a huge undercover KIDS party facility.

The restaurant is currently not operating.

EXPO, ARTS & CRAFT MARKET – Permanent Expo, Arts & Crafts Market zoning approved and are not operational yet.

WATER -...

Sporting Events, Accommodation, Water, Restaurant, Kids Parties.

WEDDING & FUNCTION – The function venue can seat up to 300 guests and there is enough space for a marquee tent to be erected outside.

RESTAURANT & KIDS PARTIES – There is a huge undercover KIDS party facility.

The restaurant is currently not operating.

EXPO, ARTS & CRAFT MARKET – Permanent Expo, Arts & Crafts Market zoning approved and are not operational yet.

WATER - Quality natural Mineral water with CSIR certification and a small water filtering facility.

- At least 100,000 liters of unfiltered water can be supplied per day.

- Existing underground irrigation system.

- Water rights from the government irrigation scheme allow 61 hours of water every 10 days for agricultural use.

- 5 boreholes.

- 3/4 dams.

DURING EXTREME DROUGHT CONDITIONS THERE WAS A 2-YEAR AGREEMENT IN PLACE TO SUPPLY 100,000 LITRES OF WATER PER DAY TO A BOTTLING COMPANY – an opportunity with enormous potential to explore.

ACCOMMODATION

- 9 dwellings of which 8 are leased out and the 9th will be leased out.

- 7 staff houses

FARMING INCOME

- via lease agreement of a small section

ADVERTISING BOARDS INCOME

The agreement has been signed and is in the final stages with a national advertising company to erect 2 advertising boards for millions of people passing N1 and R101.

- This offers a monthly income stream

LEARNING CENTRE

- Not Operational

APPROVED ZONING RIGHTS & LICENSES

- Arts & Crafts/Expo Market

- Hosting of events – sporting events, musical festivals, etc.

- On-site food processing.

- Restaurant/ Deli and Road Stall

Don’t hesitate to contact us for more details of this amazing opportunity.

Listing number: P24-113434925, Image number: 1

Listing number: P24-113434925, Image number: 2

Listing number: P24-113434925, Image number: 3

Listing number: P24-113434925, Image number: 4

Listing number: P24-113434925, Image number: 5

Listing number: P24-113434925, Image number: 6

Listing number: P24-113434925, Image number: 7

Listing number: P24-113434925, Image number: 8

Listing number: P24-113434925, Image number: 9

Property Overview

Listing Number

113434925

Type of Property

Farm

Listing Date

10 October 2023

Size of farm

52.411 ha

Floor Size

400 m²

Rates and Taxes

R 5 435

Pets Allowed

Yes

Facilities

Bedrooms

Bathrooms

15.5

Kitchen

Office

Domestic Rooms

Reception Rooms

Entrance Hall

External Features

Parking

Garden

Outbuilding

Building

Backup Water

Borehole

Other Features

Security

24 Hour Access

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.