- Greyton Overberg Wine Estate Shares plus Plots
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Western Cape,
Overberg,
Greyton
- R2 610 000
- Currency Converter
- Web Reference: A3.1.3 AGSSP 001
A UNIQUE OPPORTUNITY: LIFESTYLE LIVING - A GREAT INVESTMENT!
The property is awesome, far better than one can appreciate on any brochure.
When you are on site, you have the adjacent farmers in the distance on either side., the entry road, river (at this point covered by trees) runs below and this huge mountain looms up in front of you. Difficult to describe the majesty of the view, or the pure smell of country air - definitely nature at its best.
There are about 12 chosen sites for the 6 owners to choose from. It depends on how near or far they want to be from each other.
The Developers want the road that runs up to the properties to follow the contours of the hill.
The property side that slopes down the back side of the hill is 36 ha which is the arable land and ideal for the chosen crops.
The adjacent farmer (who will be growing the grapes) is wonderful and only too happy to be of assistance to any potential client.
The town community is great; they are supportive towards their residents and because of this have a strong security system.(even on the farms)
A TRUST: has been established for 6 purchasers to own unit shares in this 60Ha estate. Each purchaser will have the exclusive use of the 1 ha for their private homestead and 1 ha of vineyard with a cultivar of choice. The balance of
the estate will be common property,
TRUSTEE: Purchaser/Trustee owns unit shares in a 60 Ha estate (1 of 6 purchasers)
PRICE INCLUDES THE FOLLOWING:-
PROPERTY:
a) BUILDINGS: 185 sqm main house
40 sqm garage
20 sqm patio
Finishes selected within the PC allowance.
b) PLOT: 1 ha of exclusive use for the house and garden
c) 6 ha of VINEYARD: arable land suitable for olives, grapes etc clients own choice to cultivate.
(6 owners(trustees) have 36ha common property, equals 6 ha each of which they have to be in agreement of each
other on choice of crop - so that the crops are compatible with each other)
d) 1 ha of VINEYARD: The adjacent wine estate Oewerzicht will develop and maintain the vineyards for the
purchaser.
After 3 years of growth, crops should be ready to harvest, yielding approx. 6000 bottles.
Purchaser can choose between red or white grapes. There is a selection to choose from, the farmer has been producing Cabernet and one of the Purchasers chose Chardonnay.
AREA: Houses to be build on the slopes of the mountain with unsurpassed mountain views..
THE RIVER:
The river area will be landscaped and avenues of indigenous trees are to be planted so that the owners will have use of the river and the banks alongside.
VIEWS: Exquisite views of Sonderend Mountains and the banks of Sonderend River.
WATER: The water is pumped from the river and purified, so there will be no monthly charge for water consumption.
ELECTRICITY: The electricity will be metered at each house with electricity meter boxes.
THE LEVY: R1 000-00 approximately. This covers all the costs, refuse removal, maintenance , water etc ..of the estate
(However this is an over calculated cost, to be safe)
CONDITIONS:
A Homeowners Association will be formed for the 6 Homeowners and structured in the same way as a share block situation.
The Trustees/purchasers will decide on the rules and regulations of the Estate
The House: Design must stay within the specified aesthetic guidelines to fit in with the natural surroundings
The purchaser may choose a bigger home and better finishes and the price will be adjusted accordingly.
The purchaser also has the option to supply his own better finishes.
Design, layout and finishes will be sorted out between the developer and client.
The Arable land: The purchaser has the right to keep the land for his own use or come to some agreement with the other owners to sell.
The Vineyard: Purchaser can choose red or white grapes.
The bottling will be for clients account, the full breakdown of those costs are available.
We encourage the client to consult with the wine maker.
The Homeowners can decide what they want to do with their portion and may choose to come to some agreement with the other owners to sell.
The Roads: Price includes all civils etc and the roads to the individual homes; however the roads will not be paved or tarred in order to keep it natural to fit in with the surrounding area.
PAYMENT: The Package Price is R2610 000-00 (VAT Inclusive)
Includes the above package with those conditions.
(Offer to Purchase - must use sellers contracts)
Payment Plan:
The purchase of shares for the land - R900 000 (no Vat on this transaction)
deposit - R 50 000 into attorneys trust account within 48 hours of signature.
balance R850 000 to be paid within 7 days thereof.
The Vineyard land R400 000 plus Vat to be paid together with price of land
(includes land, planting, maintenance of the vines for the first 3 years up to bottling stage)
Balance to paid under the normal conditions of either bank guarantee or bank deposit within the 7-10 days
of signature of offer. (Arrangements to be made through the same attorneys)
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- Rocky Valley Properties Associate Agent
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