Farm For Sale in Karino, Nelspruit

Property description

We are pleased to present this rare opportunity to purchase a high-income producing farm located in Karino. This sale will include 100% shares in the company that owns the land, meaning there are no transfer fees. The farm is comprised of 4ha Beaumont Macadamia trees (13yr), 1ha A4 (9yr), 7ha newly planted A4 and 1.8ha Beaumont (5yr). In addition, the farm has usufruct for another 7 years on 10ha Sitrus and 10ha Macadamia. The current owner is responsible for maintenance of the main water line.

The farm also has long-term lease agreements with large companies renting 35ha and four other large firms renting space on the farm, providing a secure income stream. There are 3 x 3 bedroom houses, 1 x 2 bedroom apartment, 1 x 1 bedroom apartment and another 1 bedroom rented out as office space. The compound consists of 8 rooms for workers near the river, warehouses for DE husking and drying of nuts, cement dams for storing water, and a borehole for emergencies. The irrigation is done out of the Crocodile River with 53ha water rights allocated to the farm, pumps and filters all in working order.

This is an incredible opportunity to own a high-income producing farm. If you are interested in this property, please arrange to view the land.