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Description

Rare release of 106 hectare stand of development land. Adjacent to the fast growing Haasendal node and Bottelary Road development corridor.

Single title deed. Currently zoned agricultural and situated in the district of Stellenbosch but bordering the City of Cape Town. Adjacent to the world-class Zevenwacht Wine Estate. Adjacent to 2 large proposed residential developments.

The subject property comprises the following:

Modern designer-house, currently used as an upmarket function venue;

Several buildings and staff quarters currently used as working buildings;

7 earthen dams (irrigation and water rights of 75, 000 cubic metres underground and 83, 500 cubic metres above ground);

10.1 hectares of shiraz vineyard. Fully irrigated and in excellent condition. Annual crop approx. 40 tons. Currently vinified by Zevenwacht Wine Estate;

Sloping land with magnificent views south-west to Table Mountain and City and north-west to Paarl;

Rare renosterveld pockets on subject property and adjacent to renowned Bottelary Hills Conservancy;

Subject property is generally surrounded by established residential and commercial development;

Neighboring residential development is obliged to establish and fund a road across the subject property linking it to the proposed Zevenwacht Link Road extension (creating a 10h separate development 'pocket'); and

Seller registered for VAT

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Details

Updated on August 23, 2022 at 11:55 am

  • Reference #: 1324987
  • Price: R65,000,000
  • Suburb / Town: Stellenbosch
  • Property Type: Farm Vacant Land
  • Stand Size: 1060000.0 hectares

Address

160 Langverwacht Road

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