Search Property For Sale

Income-generating Philippi farm with 3 houses on offer

Google+ Pinterest LinkedIn Tumblr +

A profitable cattle and sheep farm, with three houses, in Philippi – about 24km from Cape Town CBD – will be auctioned by Rawson Auctions Western Cape on April 29.

Tanya Jovanovski, regional franchisee for Rawson, says the 8000m² property produces an impressive income through sheep sales (about 1000 per month), as well as wool and cattle sales.

“Roughly, the farm generates R15 million a year on such sales alone but there is also additional income from rental of the property’s three houses,” she says. 

Other outbuildings are two cold-storage units, an abattoir, 13 pens, two garages used for storage and staff accommodation for the four experienced permanent staff members who are prepared to continue employment after the property is sold.

There is parking for 20 vehicles, a gas braai, pool, two well points, an irrigation system, a water filtration system valued at R50 000, and two ponds. The property has CCTV cameras and a remote-access gate, as well as a grazing area for the cattle.

Two of the three homes – all surrounded by rose bushes and fruit trees – have three bedrooms and the other has two. “All three are well-maintained and fitted with high-quality finishes which should attract potential tenants as demand for housing in the area is growing,” says Jovanovski.

The farm is at 15 Lower Ottery Road in Philippi which lies between Ottery, Hanover Park, Grassy Park, Mitchells Plain and Manenberg in the “Philippi Horticultural Area”, one of the few farming areas in an urban setting in South Africa.

Rawson has a new online bidding platform, which calls for registration on www. instant property.co.za.

The completed registration, as well as ID and fica documents, must be emailed to tanya.auctions@rawson.co.za. Phone her at 082 411 9599 or 079 980 3457 for full details on how to make offers for the farm.

Share.

About Author