Take a look at this R75 million wine farm on sale in South Africa right now
Pam Golding has listed a boutique wine farm in the Franschhoek Valley at an asking price of R75 million.
The property sits on 24 hectares, with six hectares of vines and two hectares of olives.
According to Pam Golding, there are two family homes with excellent views and a separate two-bedroom villa used for holiday accommodation.
Additionally, there is a small boutique cellar and the opportunity to purchase a unique sparkling wine brand.
“The main home has the warmth and charm of an old Provençale chateau with a separate cottage and flatlet, wonderful deep stoeps for watching the sunset, rim flow pool and lots of outside entertaining areas,” said the listing.
Rates and taxes for the property reach around R2,400 a month, while a bond of roughly R780,000 per month would be needed to fund the home.
Wealthy South Africans are continuing the shift down to the West Coast region to join foreign millionaires in lapping up stately homes.
New data from StatsSA indicate that property prices in the country have surged by 98% since 2010, and the average property prices in Western Cape increased by 7.4%.
One of the most notable signs of the thriving property market was shown by StatsSA which reported an increase of 141% in property prices for Cape Town over the decade.
BusinessTech looked at what the property has to offer:
24.9-hectare wine farm for sale in Franschhoek Rural:
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