Monthly Bond Repayment R23,860.19
Calculated over 20 years at 8.75% with no deposit.
Web Ref No 945077
Agricultural land in Adendorp
A rare opportunity to acquire very valuable irrigation land in a climate suitable for a variety of plant crops. A good portion of this property was irrigated in the past and crop production could easily be established once more. A neighbouring property is under standard and centre-pivot irrigation. A good investment with easy access from the Adendorp / Kendrew road and zoned for agriculture. This tract of land consists of a number of title deeds lending itself to subdivision if required.
SIZE 71.7862 ha
POSITION: +-10km south of Graaff-Reinet
WATER Strong underground water should be available on this property as not only is it adjacent to the Sunday’s River but the adjacent small holdings are extensively planted with lucerne. The northern section has a borehole and the western section has river frontage.
The first weir on the river with full legal rights of extraction of water flow from the Sunday’s River is part of the assets on this property.
SOIL Almost completely arable having deep alluvial soil of exceptional fertility. In living memory the crops grown there were very productive. Lucerne and wheat or oats grew to a size where the crop height became a problem.