Thornhill · Small Holding/Farm For Sale
Farm For Sale in Thornhill
- R 5,500,000
- 709900 m²
This sale is Subject to Confirmation by the Parties involved
Erf 448 Uitenhage Road Thornhill
Extent 70.9943 Ha
The 74ha farm in Thornhill is in process to unleash its full potential in the years to come. With 840 mm rainfall per annum, there is enough water to cultivate citrus and vegetables, which at this stage is the start of a commercial enterprise.
The farm has 2 dwellings, restaurant with separate ablution block
Stage for live performances, packaging store, horse stables, 2 dams (1 000 000L & 44 000L), 2 boreholes complete with pumps and timers for irrigation giving between 20 000L & 25 000L of fresh water per hour. 4 x 5000L "Jojo" tanks. The farm is fully fenced in.
30ha of the property are cleared with 6ha under citrus and the rest under vegetables.
15 ha still to be cleared and can be used for growing vegetables. Currently the well experienced farmer is growing cabbage, pumpkin, butternut or water lemons (depending on season) between the Citrus trees to maximize cash flow and capitalize on production.
Currently the main income of the farm is from selling fresh produce to local markets and averages an income of R45 000 per month. This excludes citrus that brings in R100 000 per month from May to October.
Currently there are 2850 citrus trees on 6 ha with preparations started on another 6 ha to plant an additional 2850 trees(included in the Sale)
Buyers commission of 2% payable (Plus vat)
Please note: All legal documents can be viewed by clicking on the '
Legals ' tab above, in order for you to carry outdue diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.
Property Information & Features
- Property Type
- Farm
- Listing Type
- For Sale
- Location
- Thornhill, Eastern Cape
- Price
- R 5,500,000 · Get Pre-Qualified
- Auction
- Yes
- Floor Size
- 709900 m²
- Erf Size
- 709900 m²
- Agricultural Zoning
- Yes
- Auction
- Yes