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R19,995,000

NEW RELEASE - O FOR OLIVE - A GEM IN WESTERN CAPE

Located just five kilometres from the iconic town of Prince Albert, the O for Olive farm stretches out over 668 hectares of beautiful Karoo countryside at the foot of the Swartberg Mountains.

Its 17-hectare drip-fed olive orchards are home to more than 3000 mature trees of optimum fruit-bearing age. The farm has its own processing plant, complete with brining room and press. Extra virgin olive oil and a range of olive products are currently sold under the O for Olive brand, supplying select retailers, restaurants and hotels in South Africa and Zimbabwe.

The fully equipped farm also has 350-400 sheep, generating additional income from wool and meat (including award-winning lamb), along with 50 hectares of irrigated lucerne fields.

Rounding things out is the popular Cafe O restaurant and shop, selling the farm's products as well as offering lunches, teas and tasting sessions. The patio and outdoor area, with manicured gardens and water features, capitalises on the spectacular view of the surrounding mountains. Besides being a major attraction for tourists of the area, Cafe O is the ideal setting for wedding receptions and other special functions.

Farm assets and buildings:
Water rights permit: water is from the Ouklip Dam Sluit to the farm, 8 boreholes 12 Ha
Olive press building: press and brining room
Workshop with a new storage area
Cool room
Shop and display area
Farm house which is about 100 years old
Various outbuildings

Farm vehicles:
3 tractors and ancillary equipment
3 Vehicles
Miscellaneous farming equipment

Expansion potential:
Olives
Expand orchards by 5 - 10 hectares.
Expand Lucerne,
An site cottages and buildings,
Expand sheep.
Generally increase production

Features

0
0
Title:
Freehold
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
40m²
Land Size
668Ha
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Byron Thomas Properties website is accurate and up to date, Byron Thomas Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

283,987.90

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