ESTABLISHED AGRICULTURAL PROPERTY | DIVERSIFIED FARMING POTENTIAL | LONG-TERM INVESTMENT
Asking Price: R13,800,000 excluding VAT | Negotiable within reason
THE PROPERTY
Situated along the D816 in Cato Ridge, Hillview Farm comprises approximately 20.93 hectares +-(209,000m2) of agricultural land with established farming infrastructure and scope for continued agricultural use or a suitably planned rural enterprise.
Conveniently positioned within reach of the N3 via the Cato Ridge/Hammarsdale interchange, the property benefits from access to the area's established agricultural, commercial, industrial and logistics nodes.
EXISTING FARM OPERATIONS
The farm has historically supported diversified agricultural activities, including turkey and chicken production, cattle, goats and vegetable cultivation.
The operation has since been scaled back to chicken farming and some vegetable production as the owner prepares for retirement and a travel-oriented lifestyle. This offers a prospective purchaser the opportunity to continue the existing activities, reintroduce suitable farming enterprises or develop a diversified agricultural operation.
EXISTING IMPROVEMENTS
Turkey housing facilities and various outbuildings.
Farmhouse requiring renovation.
Wooden cabin offering potential accommodation or workspace, subject to suitability and compliance.
Existing agricultural infrastructure providing a foundation for future farming activities.
WATER, ELECTRICITY & MUNICIPAL SERVICES
Water resources
Shared-use dam serving this property and the two adjoining farms.
Existing borehole exclusively associated with the property, currently not in use but potentially restorable, subject to assessment.
Municipal water connection available.
Electricity
Three-phase electricity infrastructure and an own transformer are available, although the property currently uses single-phase prepaid electricity. The capacity, condition and cost of reinstating three-phase supply should be confirmed.
Municipal services
Municipal rates are approximately R1,500 per month, subject to confirmation.
DSW refuse removal has reportedly been inconsistent. Prospective purchasers should independently verify service availability and reliability.
AGRICULTURAL & INVESTMENT POTENTIAL
The property's existing agricultural footprint lends itself to investigation of:
Poultry production and other suitable livestock activities.
Vegetable cultivation and diversified or polyculture farming.
A managed agricultural enterprise, subject to operational feasibility.
Farm-related storage, workshops or other ancillary activities where legally permitted.
Longer-term land investment linked to activity in the greater Cato Ridge and N3 logistics corridor.
Any subdivision, rezoning or alternative development proposal would require independent feasibility assessments and the necessary statutory and municipal approvals. No alternative development rights are implied by this advertisement.
ADDITIONAL LAND OPPORTUNITY
Two neighboring farms of approximately 20.4 hectares and 21.49 hectares respectively may also be available for separate purchase. This creates a potential opportunity to investigate the acquisition of a larger, consolidated agricultural holding, subject to availability and separate negotiations.
VAT & TRANSFER COSTS
The applicable VAT treatment will depend on the seller's VAT status and the nature of the transaction. A zero-rated VAT transaction may be possible if the statutory requirements are met and eligibility is confirmed by the conveyancing attorney. Otherwise, VAT and/or transfer duty will apply as determined by the applicable legislation.
VIEWING & DUE DILIGENCE
A substantial agricultural holding combining an established farming history, existing improvements, useful water resources and accessibility to the greater Cato Ridge growth corridor.
Prospective purchasers should conduct their own due diligence regarding title conditions, permitted land uses, infrastructure, services and the feasibility of any proposed subdivision or alternative development.
Credit-approved and financially qualified purchasers are welcome to contact Andrew Bateman to arrange a viewing.