- Paarl 251ha Private Winery against the Paardeberg
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Western Cape,
Winelands,
Paarl
- R28 500 000
- Currency Converter
- Web Reference: A1.2.4 AGBLK 42
The farm is situated between Paarl and Malmesbury against the Paardeberg Mountain approximately 50 kms from Cape Town. Its wines have a 4 to 4,5 star rating from John Platter.
Over the years the owner has turned this property into a model working farm, producing some of the finest white and red wines in South Africa.
The reason for his success is based on the following: a minimum of irrigation combined with the removal of a considerable percentage of the immature bunches (known as green harvesting) from each vine and terrior. The remaining grapes have superior quality and flavour when ripe. These very low yields are then put through a cold extraction process and low-pressure pressing, resulting in highly concentrated wines which are all barrel matured. These procedures combined with the greater than usual day-night temperature gradients and the extraordinary long sunshine hours of the area make for exceptional wines.
Only the highest quality grapes produced on the farm are used for pressing. The remainder, still of an exceptional quality, is eagerly sought by other winemaking establishments as Boschendal, Tokara and L’Ormarins.
Simplified Income and Expenditure figures are as follows.
Income: Wine and grape sales for 07/08 R6 000 000
Expenditure: farm R1 200 000 cellar R2 700 000
Apart from the obvious advantages of owning an exceptional well-managed farm, the business has the potential for great expansion.
Farm size: 190ha hectares
Vineyards: 100 hectares
Average production: 600 tons per annum
Approximately 40 hectares red vines and 60 hectares white vines. An accurate breakdown of varieties is available.
Olive trees 900 on 3 hectares, age 4 to 5 years. A separate olive oil business is fast developing. The product has been well received by the public.
Eucalyptus forest: 35 hectares
Other arable land: 30 hectares
Earth dam covering 3 ha, capacity 120 000 cubic meters.
There are three main homesteads on the property all fully equipped and in pristine condition.
An additional manager’s cottage (newly renovated)
12 worker’s houses and 7 houses for seasonal workers.
Numerous outbuildings and sheds.
The owner has permission to build a further 10 houses, not exceeding 500m², on the farm
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The wine cellar has a capacity of 200 tons (140 000 liters). The cellar is fully equipped with the latest in equipment and technology and air-conditioned throughout.
Included in the purchase price is a comprehensive vehicle and equipment inventory and a considerable wine stock in maturation.
I may add, in these times of global wine over-supply, the owner relatively easily pre-sells his entire production, mainly in Europe and the East.
Purchase price is R32 000 000. As the property is company owned, there are no transfer duties payable.
Size of land: 251ha -
- Rocky Valley Properties Associate Agent
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