Farm For Sale in Stellenbosch

Property description

Stretching out over almost 12 ha on mainly flat to gentle sloping farm land, this property is ideal to be developed into a hospitality venue of note, be it a hotel, resort or lodge. Located outside Stellenbosch off the R44 road towards Knorhoek Valley, the farm falls within the Greater Simonsberg wine-route region and is close to world-class wine estates.
On this property you can immerse yourself in the beauty of nature as you explore the picturesque surroundings. Adding to the ambience is a tranquil river that runs through the property.
Evident on the farm is a single storey building which has fallen into disrepair. While its roots can be traced back to 1780, the gable reflecting the date as a historic building (refers to the exterior side of the building, usually the front) that could be the focus point when renovating and redeveloping.
Other buildings consist of 20 living units that used to be staff accommodation.
Although zoned agriculture with consent use, the owner has done some excellent liaison with the relevant authorities in order to commercialise the property for transforming, redeveloping and rezoning to the hospitality industry. The surge in international tourism to Stellenbosch and surroundings is accompanied by demand for boutique accommodation, especially ones on prime property that offer unique exclusivity, like this one.
If the new owner does not want to develop this farm commercially, it has all the potential to become a jewel of a gentleman's estate.
The seller is a VAT registered entity.
Price: R21 000 000 (VAT excluded)