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Olive Estate for sale in Montagu

R7,700,000 plus VAT

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Listing Number: WWS7944
About this listing
This 28ha farm is situated in a picturesque valley 16km outside Montagu close to the R62. It is a fully operational olive enterprise with its own label, cellar (with an imported Italian press) and tasting room. The farm was planted in 2007 to 8.3ha of Frontoio and Mission olives (approximately 4 800 trees) all under double drip line irrigation and yields around 30tons.
Further diversification has been done with 2.5ha of lucern; 2ha of oats; 6ha of grazing camps (with drag line irrigation) and 2ha of arable open space. These hectares can also be replanted with more olives should it be wished to expand the current olive operation.
A sufficient water supply is provided by 2 boreholes pumping 28 000 l/hr and 15 000 l/hr respectively. The farm also has a 1,5ha dam extending over the neighbouring property with servitude in favour of The Olive Estate.

The homestead consists of 3 en-suite bedrooms, a guest cloakroom, farm style kitchen with scullery and pantry, dining area, living area with fireplace, upstairs library and family room. In addition there is a 3 car garage and laundry room. This picture is rounded off with a sparkling pool by the covered patio with built in braai.
The farm has no labourers accommodation as the old labourers cottage as been renovated into an income generating guest cottage. Further improvements consist of a farm shed and a timber cottage used as an office.
The farm is sold as a going concern including all farm implements.

Property Information
  • Property Name: The Olive Estate
  • Land area
    • Land Area Ha: 28
  • Location & services: Km's to Nearest Town: 16km, Nearest Town: Montagu, Suburb / District: Cape Winelands, Schooling Primary: Yes, Schooling Secondary: Yes
  • Tenure: Freehold: Yes
  • Property Type: Other / Unspecified
  • House style: Farm House
  • Construction: Brick
  • Roof: Zink
  • House Details: Lounge Room, Dining Room, Family Room, Kitchen and Ensuite
  • House Comments: Approximately 350m²
  • Outdoor living: Pool, Braai
  • Land contour: Rolling: 28ha
  • Present Condition: Good
  • Soil Types: Shale
  • Water supply: 1,5ha dam; 2x boreholes (28 000 l/hr & 15 000 l/hr); winter stream
  • Irrigation: Double drip line
  • Land Usage: 8.5ha Olives planted in 2007 = 4 800 trees 2ha Arable land Some 6ha sheep grazing camps 2.5ha lucern & 2ha oats 2,5ha lucern and 2ha oats
  • Management Policy: Owner managed
  • Farm Fixtures: Cellar, Tasting Room, Farm Shed, Timber Cottage
  • Managers / workers housing: Guest Cottage
  • Going Concern: Yes
  • Comments: Sale includes moveables

Agent Details

Harcourts Winelands

208 Main Road
Office website

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