26ha Wine Farm for Sale in Paarl

26ha Wine farm for sale with a very busy function venue business. 26ha Wine farm for sale with a very busy function venue business.

* Price is negotiable and all written offers will be considered Surrounded by the lovely Boland mountains and hosting weddings, conferences, team building any other functions that is required by the public.

The Primary source of income currently for the venue hire alone is VERY GOOD. This excludes the possible income if catering is undertaken self as we outsource all catering which according to estimate is approx 2-3 times the r1,4 we gross on hiring the venue, increasing the income to approx R4.5m tremendously. A lot of growth potential still here by incorporating Private and Corporate functions to fill up the weekdays for an even higher income.

The property alone was valued at R13m back in 2010 and falls just outside the border of properties already rezoned for other than agriculture, which opens up future possibilities. The property also comprises of: A Main 4 bedroom farm house(one room air conditioner), office, kitchen, lounge, 2 bathrooms etc. 2 bedroom flat with air conditioner. Large Swimming Pool. 3 workers cottages. Honeymoon cottage with air conditioner. Glass enclosed thatched function Venue that can accommodate 200 guests. Another Venue with a fully licensed Bar and public toilet facilities.

Kitchen facilities with store room. Outside and inside ceremony options Playground for children Parking area that can accommodate 600 guests Large sprawling lawned areas for team buildings,big marquee/free form tented functions.

• Fully irrigated gardens Chilled and complete kitted Wine producing cellar & wine store roomed with air conditioner 3ha Shiraz vineyard, drip irrigation 3 x Boreholes Soil Farm dam 3 cement farm dams Loads of water pumps to ensure water supply to buildings and irrigation 15 000 litre water tanks This Business is unaffected at all when the Economy suffers as people still want to get married and they book a year or more in advance to save up in order to fulfil their dreams for that special day