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R50,500,000

Farm for sale in Margate Central

90.15ha
Macadamia Nut Farm Plus Other Operational Businesses Included!

This fertile, lucrative farm has adequate water that is obtained from the adjacent Uvungu River to irrigate the Macadamia nut trees which vary in varieties and age! There are approximately 2000 Baumont Macadamia trees which are around 4 years and micro jets are used in the irrigation thereof.The 816 trees are 3 years old and various other varieties and ages make up the total of 3200 trees plus there is ample space and enough water to have 18000 trees.

The farm that now includes a plastic recycling facility, brickyard, shooting range, Macadamia nut trees and various outbuildings which provide a steady rental income.

Currently 30 Hectares is used to propagate lawn that for sale to domestic and commercial markets.

Equipment:

1 Irrigation

2 Tata Truck 2 Ton

3 Tata Truck 4 Ton

4 Hyhundai Van 1.3 Ton

5 John Deere plus slasher

6 Massey Furgeson plus slasher

7 Sod Cutters (two total)

8 Lime Spreader & Agricultural sprayer

Plastic Recycling and Offices.

The plastic recycling business currently collects recyclable plastic along the coastal belt, from Umzinto to Lusikisiki and inland to Harding and as far as Kokstad. Once collected they are sort and compress the waste plastic and ship it to Durban, Newcastle and Gauteng for further processing.

Assets for and relating to plastic recycling:

1 Store and offices 800m2 R 2 400 000.0

2 Workshop

3 Container stores (4 total)

4 Staff quarters

5 Plastic balers (3 total)

6 Forklift

7 Trailers (2 total)

8 Equipment including saw and scale

9 CCTV camera system

The farm is currently generating a good rental income in addition to the current income received from farming and business operations.

There is also potential for a housing development without losing of any of the current or potential arable land; untapped potential of +/- 259 housing opportunities.

Property Type
Farm
Stand Size
90.15ha
River
Yes
Available From
02 Jun 2020
Reference
2284201
Property history
Listed for sale at R50,500,000
02 Jun 2020
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