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Web Reference: 300513497
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| R 69,000,000 (FOR SALE) | |||||||||
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The magnificent St Croix Estate is located in Wemmershoek, approximately 12km from the beautiful village of Franschhoek. The Estate is surrounded by exceptional mountain ranges.
On the highest point of the estate there are views of the celebrated wine estates of Boschendal, L‘Ormarins and Bellingham and also the Franschhoek valley, as well as a view of the renowned Afrikaans language monument in Paarl. The Estate consist of 137 ha on three individually sub-divided diagrams. The Wemmershoek River flows through a portion of the estate and the estate has approximately 750m of river frontage. The estate is planted primarily to varieties of red and white wine cultivars and citrus. The possibility of expansion and further development of this exceptional estate is enormous. The estate is in walking distance to the Victor Verster Prison where former President Nelson Mandela was famously released from. The possibilities exist of creating a luxury establishment where guests can stay and visit the prison for lunch and be photographed with the magnificent bronze sculpture of Nelson Mandelas as featured on the cover to his book "A long walk to Freedom"?. The establishment of a luxury hotel would provide much needed employment opportunities in the region. As the estate is planted to noble cultivars, and a variety of fruit crops, the possibility exists to establish an Agricultural school, educating youth in farming and related activities. The creation of a gift and memorabilia boutique selling a variety of products produced on the farm and within the local community, as well as books and literature pertaining to South African History and President Mandela and possibly with financial contributions to the Presidents save the children fund. The Estate is being realistically marketed at ZAR 69 Million and is being sold as a going concern including all farming implements, fixtures and fittings of a permanent nature including all furnishings in the guest accommodation. The marketed price is not inclusive of VAT. |
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