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288ha
Farm in Wittedrift AH For Sale
The Most Magnificent Property in the Region!
306, 7 Heuwel Street
288ha
Farm in Wittedrift AH For Sale
7 Heuwel, Street
The Most Magnificent Property in the Region!
Features
- Pets Allowed
- Scenic View
- Guest Cottage
- Sea View
- Lagoon View
- Mountain View
- Valley View
- Plantation
- Power Supply
- Vegetation
- Boundary
- Dam
Description
Joint Mandate
Situated just outside of Plettenberg Bay, on the banks of the Bitou River, this property runs from a point near Emily Moon all the way to the Wittedrift School and is 288 hectares in extent, 30 hectares cultivated with Honey Bush tea. As the Honeybush market is tough at the moment, the soil tests indicate that the land is suitable for many different crops and especially vines so the tea could easily be sold off and substituted with other types of crops. The property has water rights from the Bitou, a very large dam and a borehole. Approximately 3,5 kms of Bitou river frontage forms the eastern boundary of the farm the property also boasts and indigenous forest and it is steeped in history!! It has absolutely breathtaking sea, river, mountain and valley views. A solar plant and large dam supply water and electricity to irrigate the crops. The property offers so many options to potential buyers, be it for serious agriculture, real development opportunities, a private estate or it can be a lifestyle or mixed use property for a consortium of buyers with the possibility of constructing 5 houses excluding a development area included in the urban edge in new Bitou SDF. This is a multifaceted business and leisure opportunity not to be missed!
One can purchase the company that owns the property, which has a substantial audited tax loss assessment or one could buy the property out of the company. The purchase price excludes VAT if applicable.
One can only truly appreciate the beauty of this farm by spending time there and discovering the gems it constantly reveals.
Monthly Costs
Calculated over 20 years at % with no deposit.
| Bond Payments | R |
Property Details
| Web Ref | RXAZ-1054 |
| Property Type | Farm |
| Erf Size | 288ha |
Video Tour
Virtual Tour
Contact Agent
Bruce Noble
Sales Associate
RE/MAX Prime Properties (Plettenberg Bay)
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R29 000 000
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