Op­por­tu­nity to in­vest in a 69ha bou­tique wine farm near Paarl

Weekend Argus (Saturday Edition) - - MEDIA& MARKETING -

MICHAEL JAMES OR­GAN­I­SA­TION will auc­tion a 69.89ha bou­tique wine farm, sit­u­ated in the Klein Drak­en­stein area, just seven kilo­me­tres from the Paarl cen­tral busi­ness district, on site at 11.15am on Thurs­day, Oc­to­ber 20.

Sa­man­tha James, a di­rec­tor at the auc­tion house, de­scribes the prop­erty, which lies along the Wilde Wilde­paarde­jacht River on the slopes of the Klein Drak­en­stein Moun­tains, as “an ideal in­vest­ment op­por­tu­nity.”

The greater Winelands area in the West­ern Cape has re­cently shown an in­crease in de­mand for agri­cul­tural prop­er­ties at the up­per end of the mar­ket, she says. “In­vest­ing in the prime wine-pro­duc­ing ar­eas gives new own­ers a chance both to en­joy the re­turns of wine pro­duc­tion and the pres­ti­gious life­style that comes with this.”

James be­lieves that the prop­erty will ap­peal not only to lo­cal buy­ers but also to for­eign in­vestors, giv­ing them an op­por­tu­nity to in­vest in a po­ten­tial sec­ond home and en­joy the idyl­lic coun­try life­style that prop­er­ties such as this of­fer.

The farm to be auc­tioned has a beau­ti­ful coun­try set­ting, and is lo­cated just 45 min­utes’ drive from the Cape Town city cen­tre, she says.

The prop­erty has 44ha un­der vines, and pro­duces an ar­ray of red va­ri­etals and also Chenin Blanc wine.

The main homestead of­fers three bed­rooms, two bath­rooms and gen­er­ous liv­ing space, and in­cludes a bil­liard room with full­size bil­liard ta­ble, bar and of­fice. Some parts of the build­ing date back to 1802 and 1922, and the house fea­tures some orig­i­nal yel­low­wood ceil­ings, she says.

A man­ager’s house and labour­ers’ cot­tages pro­vide am­ple ac­com­mo­da­tion for farm staff, and a fully func­tional work­shop and win­ery pro­vide the nec­es­sary in­fra­struc­ture for the work­ing farm.

A spe­cial pre­view of the prop­erty has been ar­ranged from 2pm to 4pm on Oc­to­ber 16, the Sun­day be­fore the auc­tion.

The terms of the auc­tion are that a de­posit of 10 per­cent of the pur­chase price and auc­tion­eer’s com­mis­sion will be payable on the fall of the ham­mer, with the bal­ance re­quired on trans­fer.

Fur­ther de­tails are avail­able at www.michael­james.co.za, web ref­er­ence 2980.

For more in­for­ma­tion, call Paula Vo­ges at Michael James Or­gan­i­sa­tion of­fices on 021 851 7007.

UN­DER VINES: The bou­tique wine farm that Michael James Or­gan­i­sa­tion will auc­tion.

LAND­SCAPED GAR­DEN: The main homestead on the farm is set in a land­scaped gar­den, part of which is seen here.

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