Olive & Guest Farm

Western Cape, Stellenbosch

€1,038,763 (ZAR18,000,000) ID: 155476

Olive and guest farm situated in the prestigious Devon Valley area on the western outskirts of Stellenbosch. The entire region is renowned for its scenic beauty, historical heritage, wineries, and superb gastronomy.  

Planted with olives, pecans, almonds and lavender and producing extra virgin olive oil and preserved olives. A large dam is attracting birdlife and contributes to the peaceful environment of the farm.

The main house is set in an oasis of tranquillity with a lovely garden in front and rows of olives behind it, overlooking the dam and the mountains ranges from Stellenbosch, Jonkershoek up to Franschhoek. The house has an open-plan kitchen, dining room and lounge with large sliding doors/windows. There are 4 bedrooms, whereof the owner uses two of them as a study and TV room. The rooms open up on the wrap-around veranda.  There is a large terrace with an entertainment area with braai. The swimming pool is situated on the lower level. 

The guest accommodation consists of 4 guest rooms en-suite.  There are 5 self-catering cottages whereof 3 are used for daily/weekly or monthly rentals, the other 2 for family members. There is also a massive barn with space for all farming implements and tools as well as a temporary pop-up party place for weddings and celebrations. Permission of the local authorities needs to be obtained if one were to pursue this as a business. 

This property has a lot of potential for a hospitality enterprise and agricultural activities.  Sold as a going concern. 

Size: ± 12.5 Ha            

Plantations: ± 2.2  Ha Olive trees (4 varieties)   -  120 Nut trees (Pecan and Almond)  -  Lavender  -  Fruit trees - There is still plenty of ground that could be used for farming purposes 

Main Homestead:  

* 2 bedrooms en-suite 

* open plan lounge/dining/ kitchen 

* office 

* TV room 

* laundry and scullery

* self-catering flatlet with one bedroom

* large entertainment area with braai

* swimming pool on the lower level of the house

* established gardens

Guest rooms:

* 4 guest rooms en-suite 

Self-catering cottages: 

* 1 x one-bedroom unit 

* 4 x two-bedroom unit 

* all with a lounge and kitchenette

Other buildings:

* 2 staff cottages 

* large shed of  1 100 m²  storing all farming implements and can be used as a venue for functions and celebrations 

Water: 

* borehole (domestic use) 

* scheme water (irrigation) 

* large dam fed by stream and winter rains

Asking Price: R 18 000 000 + VAT at zero-rating          

Taxes & Rates: R 4 650 /month

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