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Situated 3km outside the picturesque, historic village of Stanford, this exceptional farm, with 400m of river frontage, offers enormous potential for development. 220 hectares are currently arable, of which 40 hectares are under irrigation for commercial vegetable crops. The balance of the farm comprises a mix of Overberg Dune Strandveld and Agulhas Limestone Fynbos. Stanford is 20km from Hermanus, the jewel of the Whale Coast in the Overstrand district of the Western Cape.
Infrastructure and improvements
The following significant improvements and infrastructure are in place: Residences: Main homestead: architect designed house with 5 bedrooms and 3 bathrooms. Studio: artist's studio, 1 bedroom, 2 bathrooms, living room and kitchenette. The main residence and studio are situated on the banks of the Klein River with views north to the Klein River Mountains. There is a jetty and slipway providing easy access to the river. Two cottages: each comprising 2 bedrooms, 2 bathrooms and living areas. Tree house: 2 bedrooms, 1 bathroom and living area. Rondavel: 1 bedroom, bathroom and living area. Farm buildings: Workers cottages: 2 semi-detached cottages, each comprising 2 bedrooms, 1 bathroom, living room and kitchen. Fully enclosed 875 sqm farm shed. 4 garages and 4 carports. Chicken run. The entire property is fenced, with a number of animal camps enclosed with electric fencing. Water resources: The property has 13 boreholes, of which 3 are equipped and 2 currently provide 185 000 litres per hour. There are 2 reservoirs with the capacity and elevation to provide constant 5 bar pressure. Extensive pipework, pump-stations and attendant reticulation systems. An application for an annual water usage allowance of 1.25 million cubic metres per annum is in progress. Electricity: Eskom 3-phase 220V supply with an extensive reticulation system is in place. Other assets: A full list of implements and other assets included in the sale will be provided.
Opportunities for development
The property, which is free of land claims, lends itself to a number of development opportunities: Agriculture: the abundant water resource makes almost any agricultural enterprise extremely viable e.g. Expansion of the existing conventional vegetable farming; Hydroponic vegetable farming; Fresh water aquaculture; Pastoral livestock farming; Commercial fynbos and protea farming. Viticulture and oenology: the local terroir and climate is proven for wine production. A highly-rated cellar is situated on a neighbouring farm and is part of the well-known Stanford Wine Route, now comprising wine cellars, restaurants, craft breweries and gin distilleries. The nearby Hermanus area is home to the famous Hemel-en-Aarde Valley with its many world-class wine estates. Hospitality: Stanford is a highly sought after tourist destination, attracting visitors engaged in activities ranging from bird-watching, hiking, mountain-biking, water-sports and wine tasting, to whale watching and shark diving in the nearby towns of Hermanus and Gansbaai. As a result there is a constant demand for holiday accommodation. The existing farm accommodation can be marketed to visitors and there is ample scope to develop hospitality, restaurant, conference or wedding venue facilities. Lifestyle Estate: The property or part thereof, can be subdivided and developed as a 'Lifestyle Estate' offering exclusive country living.
Reason for sale and selling price
A property of this type offering such enormous potential is a rare find in this area. The owner, having spent 38 years on the property, now wishes to retire. The all-inclusive price is R38 million.
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Annual Turnover Amount between R 500 thousand and R 6 million