House for sale in Riebeek Kasteel - 5 bedroom 13298139

For Sale

House, Riebeek Kasteel, Riebeek Kasteel | Ref: 13298139 - (CCSA-18066 )

Wine estate with 400 ton wine cellar and sufficient water rights to irrigate up to 60 hectares of the farm.

The area in which the farm is located has of late delivered the most John Platter 5 star wines in the Western Cape - relative to the amount of wine estate in this area. Two high profile players in the wine industry have bought farms during the last few years in this area. The area is at present rated as one of the top terroirs for Shiraz and Chenin Blanc In South Africa.

The wine cellar's capacity offers a good supplemental income - as it is possible to increase its production capacity by offering a service to other wine farms in the region.

The cellar is a plastered brick structure carved "into a mountain" - under iron sheet roof covering. This building is made up of a barrel and tank storage, office, ablution facilities and an attached 3 bedroom dwelling, partially utilized as reception and tasting area. The owner has started construction on an extension of the wine cellar's reception and wine tasting area - with the most beautiful views of the Riebeek Valley. This entertainment area has a plunge pool and an outside seating area.

The farm is zoned as agricultural zone 2 - meaning it has consent usage for 5 additional homes (of about 500 sq.m), a restaurant and an entertainment facility.

Land layout:
The farm has 27 ha of vineyards and 33 ha of irrigable land. There are 111 hectares mountain land with natural veld and bush for grazing. The homestead and other land is about 5 hectares.

The total registered annual allocation volume for the 2 dams is 249 000 cu.m. and 95 000 cu.m and the annual registered allocation from the boreholes and fountains is 14.61 cu.m. The farm's total available water for irrigation use is about 60 hectares.

Colour - brown.
Soil type - clay loam
Depth (mm) - 350 to 500
Clayý 15 - 25Ër/>Drainage - average

Level to undulating landscape for lands - grazing is varied from level to inclined areas (in the mountain)

An estimated value of the cellar's assets is R4.97 million. It includes a Bucher press (R430 000), a 5 ton grape off-load bucket (R200 000), a wine bottling plant line (R850 000), a variety of wine tanks (4 x 15 000 litres (R330 800) / 8 x 3 790 litres (R304 800) etc. / 8 tons per hour Bucher stemmer and crusher (R170 000). A complete list will be supplied on the potential buyer signing a NDA.

Other Improvements:
The 4 bedroom manor house is at present used by wine interns - foreigners learning the wine industry / wine making on the farm. The interior is dated but can be restored to become the new owners main house.

Labour housing: There are 6 plastered brick structures which are equipped with water and electricity and provides housing to 6 families. The seller will make sure that the farm is free of occupation before transfer of the property.

There are 2 stores / sheds on the farm - 1 x Shed is a plastered brick structure under iron roof sheet (located next to the farm's homestead) and the second one is a steel frame shed of 270 sq.m. (value about R540 000) with plastered brick and asbestos infill walls under asbestos roof sheets - located at the cellar.

The owner has spend about a R1 million on building a tar road from the farm entrance to the wine cellar - making access during winter easy.

Estimated total value of the farm's equipment is about R5 million and it has wine stock of about R2,155 million.

Climate and rainfall:
The area has a Mediterranean climate with varying temperatures and a predominantly winter rainfall (which is mostly soft showers).

VAT is payable on the sale.
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Anna Wiese - Intern Agent

House for sale in Riebeek Kasteel - 5 bedroom, Anna Wiese - Intern Agent
Office: 021... 021 851 1951 Show Numbers
Cell: 072... 072 331 1959 Show Numbers
Email: ... Anna Wiese - Intern Agent Show Email
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Cape Coastal Homes

Office: (02... (021) 851-1951 Show Numbers
Fax: 0866592866


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  • R 18,500,000

    5 Bedroom House for sale in Riebeek Kasteel