R20,900,000

Farm for sale Tulbagh
Property photo number 1 of 3 Photos for Property. File  105412266_3061_653696fe5ba7351d86fe959fae808294.avif

Overview

SUMMARY: Discover an opportunity with this Tulbagh farm for sale and available for R20,900,000. This could be your next ideal home or a smart investment. More details await.
* 68-hectare mountain property situated on a tar road with easy access on the north-facing slopes of Mostertshoek Mountain, with spectacular views across the Breërivier/Witzenberg Valley.* A substantial rural property offering a combination of established tourism income, agricultural
potential and lifestyle appeal.* Well suited to a property investor, tourism operator, permanent lifestyle resident or farmer looking to develop a diversified agricultural enterprise over time. ESTABLISHED HOSPITALITY ENTERPRISE* 10 attractive one-bedroom guest cottages, positioned high on the mountain to take full advantage of the views.* Each cottage offers:o Private balconyo Braai facilitieso Quality finisheso Comfortable, well-appointed interiors* Cottages were built in 2016 and are sold fully furnished, including furniture and fittings.* Established online reputation, with:o 9/10 rating on Booking.como Other guest-review platforms averaging approximately 4.5/5o Current occupancy of approximately 50%* Communal facilities include:o Swimming poolo Bomao Outdoor entertainment area with lawn* The existing tourism operation provides an established income stream with scope for a new owner to further develop the property's hospitality offering. AGRICULTURAL POTENTIAL* Approximately 1.5 hectares currently planted to productive Buchu, producing approximately 1 ton per annum.* The extensive mountain property presents opportunities to investigate a diversified agricultural operation, subject to detailed soil, water, environmental and topographical assessments.* Potential agricultural activities could include:o Olive cultivationo Almondso Proteas and other suitable fynbos cropso Lavender and other niche cropso Beekeepingo Goats and other livestocko Selected vineyards or deciduous fruit in suitable areas* The natural mountain environment also offers potential for conservation and environmentally sensitive land uses. TOURISM & DEVELOPMENT POTENTIAL* Situated in a region well known for its wine, agriculture, outdoor activities and rural tourism.* The wider Wolseley/Witzenberg area offers a diverse tourism market, including:o Wine tourism and wine estateso Farm accommodationo Hiking and mountain bikingo Horse ridingo Wedding and function venueso Restaurants and farm-to-table experienceso Art and antique attractionso Historic buildings and monumentso Adventure activities and zipline experiences* The property is zoned Agricultural, with Tourism Business rights, creating scope to investigate additional tourism-related uses.* Given its position on the R43, an important route towards Ceres and Worcester, a future owner could investigate the feasibility of uses such as a farm stall, events/function facility or wedding venue, subject to the necessary municipal land-use approvals and other statutory requirements.* The existing accommodation provides a solid foundation from which to expand or reposition the tourism offering. MAIN HOMESTEAD / OWNER'S RESIDENCE* Spacious two-level residence with attractive mountain and valley views.* 3 bedrooms, including:o Main bedroom with en-suite bathroomo Private living areao Sliding doors opening onto the garden* Large windows maximise the views and natural light.* Dedicated study.* Open-plan lounge and dining area.* Modern kitchen with pantry.* Thatched outdoor entertainment area with built-in bar.* Suitable as a permanent family residence, owner-manager's accommodation or lifestyle home. OUTBUILDINGS & STAFF ACCOMMODATION* Multipurpose shed incorporating:o 2 covered parking bayso Laundry facilityo Secure storerooms* Staff accommodation for 2 couples working on the property. WATER & ELECTRICITY* 2 boreholes, of which one is currently in use.* Productive borehole yields approximately 3,500 litres per hour.* Water is pumped to:o 5 x 10,000-litre storage tanks at the main houseo 5,000-litre storage tanks above the cottages* 2 dams, currently filled with rainwater.* Electricity supplied by Eskom.* Main house supported by 5kW solar system.* Solar geysers installed at the main house and guest cottages. VEHICLES, EQUIPMENT & FARMING ASSETS INCLUDEDThe sale includes a range of vehicles, equipment and operational assets, including:* Daihatsu Grand Max 1-ton bakkie* Polaris vehicle* 2 trailers for the Polaris* Yamaha quad bike* Various farming tools and equipment* All furniture and fittings in the guest cottages GOING CONCERN* The property and tourism operation are offered as a Going Concern.* The seller is VAT registered.* The sale therefore presents an opportunity to acquire an established tourism operation together with the underlying land, infrastructure, agricultural assets and development potential. AN INVESTMENT WITH SEVERAL POSSIBLE DIRECTIONS* An established mountain tourism business with existing accommodation and a strong guest-review profile.* Substantial land offering scope for agricultural diversification.* Existing water infrastructure and productive agricultural activity.* Agricultural zoning with Tourism Business rights.* A comfortable permanent residence for an owner or family.* Potential to further develop the tourism, agricultural or lifestyle components according to the new owner's vision and investment strategy.A rare opportunity to acquire a substantial mountain property with an established hospitality enterprise, agricultural potential and the flexibility to develop a diversified rural business in one of the Western Cape's sought-after mountain and wine-growing regions.
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Details

  • Beds: 3
  • Baths: 2
  • Price: R20,900,000
  • Reference No.: 3448858
  • Parking Spaces: 2

Location

Marketed by:

  • Volschenk & Heyns
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