Farm for Sale in Ladismith Rural

This 3478-hectare lucerne producing farming enterprise is situated in the beautiful and scenic valley on the R323 where the Groot River, Knuy River and the Touws River meet. It is situated 30 kilometres from Ladismith, 65 kilometres from Riversdale,190 kilometres from George Airport and 310 kilometres from Cape Town Airport. Ladismith is the closest town with a vibrant, inviting and friendly community. Medi-Clinic and schools are in Oudtshoorn, Riversdale, Mosselbay and George. The tarred roads to and the gravel roads on the farm is in good condition and well maintained.

The area is well known for its high quality lucerne production. With Meadow Feeds being the next-door neighbour which allows for quick and easy delivery. Currently 265 hectares are used for lucerne production. The lucerne pastures originate from 1995 – 2000. Regular laser levelling of the beds has been done.

Gravity flood irrigation, and water is supplied from numerous sources namely; Floriskraal Dam, Touws River, Groot River and Knuy River river, all water rights are registered with the Buffelsrivier Water scheme.

The farm has an abundance of water storage capacity, when all the dams are full most of the farm can be irrigated twice. The lucerne beds originate from 1995 – 2000. Regular laser levelling of the beds has been done. Sandy loam soil is the dominant soil type on this farm. The outfield is currently utilized as grazing for goats (1,000 ewes) and cattle (300 cattle). Another addition to the outfield is the capacity to feed and grow 14,000 ostriches. Camps and infrastructure are not in use at the moment. The average rainfall for the region is 300mm – 350mm per annum.

In this region one can expect a yield 12 - 15 tonnes of lucerne per hectare per year. Current winter price per tonne is R5,000. Lucerne seed production can vary from 300kg – 500kg per hectare with a current price of R130 per kg. Normal season will be 6 cuts per year with 1 seed harvest. With good rains the possibility is there to do another 2 cuts are possible in winter, for silage.

Summary:

• 3 Title deeds

• 265 hectares lucerne under gravity feed irrigation with very small percentage where water must be pump to a higher level to irrigate

• +- 3478 hectares in total

• Sandy loam soil all irrigated by good quality gravity fed irrigation water. No pumping whatsoever is required.

• 3 Dams with +- 2 million cub metre storage capacity are gravity fed via ditches from the Groot River and the Floriskraal dam

• 3 x 6-inch allocations from the Floriskraal dam, March/September/December

• Ditch capacity from the one weir is 35 cubes/second

• When the storage dams are full, the total acreage of the irrigation areas can be irrigated twice

• Pastures originate from between 1995 and 2000

• Lucerne is delivered to Meadow, locally, and in Paarl

• Largest part of the lucerne is sold privately, especially along the Garden Route and in the Eastern Cape

• Goats, cattle and moveable items are listed on an inventory, this can be supplied when requested. These items are not included in sale.

• 14,000 Ostriches can be handled in existing paddocks and infrastructure

• Water from boreholes is only for domestic use and livestock

• Another 2 dams are used, i.e. at the Meadow factory and the earth dam on the neighbour’s farm

• Types of irrigation: Gravity feed flood irrigation

• Reeds in the low-lying river swamps are burnt in August. These reeds supply ample feed for cattle

• Eskom power on all farms

• Plenty of sheds and houses

Lucerne:

• 6 cuts per year

• 1 cut for seed

• In winter 1 - 2 cuts for silage, depending on rain and temperatures

• 12 – 15 tonnes per hectare, per year

• Price in winter for lucerne is R5,000 per tonne

• Irrigation field beds for planting are ± 250 m in length and 40 metre wide

• Expenses equal ± ? of income

Due to the immaculate infrastructure, location, pure, good quality gravity feed water and fertile soil this farming enterprise is very much sought after in the area and in high demand.

For sale as a going concern at R42,500,000.00 (excluding VAT)