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R6,000 pm | 3Ha Farm To Let in Paarl Rural

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R6,000 pm

Lease Period
12 months
Availability
01 Sep 2024
Deposit
R12,000
Annual Escalation
8.00 %

12-Hectare Vacant Farmland for Rent

This stunning farm offers breathtaking views and sunsets, extending to Table Mountain and the Atlantic coast. Ideally situated along the Agter-Paarl Road (R44), the property boasts a beautiful Tuscan-style cellar building that is easily accessible and visible to tourists and visitors. This makes it perfect for potential business ventures such as a function venue or restaurant, with existing approval and a liquor license already in place. The property has business rights (Agri 2)

The farm spanning 34 hectares, has ten hectares of vineyards growing in the ideal Swartland and Oakleaf soils. Currently five hectares are planted with Shiraz, while the remaining vineyards include varieties such as Cabernet Sauvignon, Mourvèdre, Trincaderia, Viognier, Chardonnay, and Merlot.

Ten hectares of vacant grasland are currently rented as R20 000 per month, with 6-month notice period. Another three hectares vacant grassland are also available for rental income.

The majestic cellar building, houses four 12,000-litre stainless steel tanks (included in the sale) and features a 2-bedroom loft apartment and kitchen. Though not currently in full production, the facility has the potential to be revived as a full operational wine cellar and tasting room.

Water resources are abundant on the property, with eight hectares of scheme water, a borehole yielding 14,000 litres per hour (equipped with a 6,000-litre per hour pump), and a smaller borehole producing 1,400 litres per hour (with a 700-litre per hour pump).
Accommodation options and potential rental income on the farm include:
• A main house with 5 bedrooms, 3 bathrooms (1 en-suite), and a carport, currently rented for R26,500 per month. A detached double garage is available at an additional cost. The double garage is currently being converted to a one-bedroom cottage.
• A loft above the spacious cellar entrance hall/lounge, featuring two bedrooms and a lounge area.
• A charming cottage with 2 bedrooms and 2 bathrooms, rented for R11,500 per month.
• A wedding venue with a current rental income of R26,500 per month.
• One staff cottage housing a staff member.
• A large gazebo, constructed from steel and corrugated iron, suitable for concerts or wedding ceremonies.
With its prime location and versatile facilities, this property offers exceptional value and endless possibilities.
The property is VAT-registered.

Features

-
-
Pets Allowed
Yes
Interior
Furnished
No
Exterior
Security
No
Pool
No
Scenery/Views
Yes
Sizes
Land Size
3Ha
1
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