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Port Alfred, 1 The Hope

Cash Generating Tunnel Farm Outside Port Alfred

R12,500,000 plus VAT

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Listing Number: EPA27954
About this listing
This fully operational tunnel complex can generate you a cashflow from day one. The main line grown is tomatoes which are distrubuted locally and to the Port Elizabeth fresh fruit market. Peppers are also grown in open shaded fields and sold to the same market. The farm has two well finished homesteads and a Settler guest cottage set in a lovely garden setting with distant sea views. The property is ideally suited for cattle and game where one hundred and twenty large stock units can be run. With the tunnels and markets already in place, and with a good supply of quality water as well as the ability to run cattle, this farm generates a great income.
Property Information
  • Property Name: The Hope
  • Property Type: Other / Unspecified
  • Land area
    • Land Area Ha: 410
  • Property Features: Average rainfall (Average Rainfall/Climate: 750)
  • Location & services: Km's to Nearest Town: 27, Nearest Town: Port Alfred, Suburb / District: Port Alfred
  • Roof: Iron
  • House style: Modern
  • Construction: Plaster
  • Window/door frames: Aluminium
  • House Details: Lounge Room, Dining Room and Kitchen
  • House Comments: This home is newly renovated and has ultra modern finishes with a well appointed kitchen, ceramic tiled floors, modern bathrooms.
  • Fixtures remaining: Infrastructure and Buildings: 1 x 5 bay multispan 1.380sq m 1 x 6 bay multispan 1 440 sq m 1 x 11 bay multispan 2 393 sq m The above 3 multispans have recently been refitted with new plastic coverings There are 7 x Single Tunnels of 300sq m each - 3 are new structures with new plastic covering 1 x Tunnel of 150sq m Shade Cloth covered area: Using a mixture of 30 and 40% shadecloth, an area of 12,150sq m has been covered. It currently contains 40 000 pepper plants in production Resevoir: This supplies the tunnels with water and holds 100 000 litres A complete system of tanks for mixing fertilizer and a drop system distribute the water throughut the tunnels and shaded area operated from a coputer in the workshop.
  • Perimeter: Fencing - Type & Condition: Cattle and game
  • Present Condition: Currently used for the production of tomatoes, peppers and cattle farming Eskom is available and connected. The farm is almost completely game fenced, with a short section remaining with cattle fencing. Approximately 4.5km of game fencing would complete the game fencing. The terrain is open and flat. Approximately 100 ha of cultivated lands that have reverted to thornveld. This is high carrying capacity veld capable of running 120 LSU
  • Water supply: 3 Boreholes, 5 earthen dams and 3 fountains (There is a brand new borehole completely fittted with a pump delivering 7000 litres of quality water per hour) The second borehole provides water for the homestead and the livestock as well as for the crops. The third borehole is presently not in use. The fountains occur on the head of 3 valleys running through the property. This water runs down the valley filling up rock pools., Domestic Water Source: Borehole and tanks
  • Irrigation: Tunnels are under drip irrigation
  • Farm Fixtures: Packing shed where tomotoes and peppers are packed
  • Managers / workers housing: There is a second homestead with a lounge, kitchen, two bedrooms and a bathroom, and then, a further Settler cottage with an open plan living area as well as a bedroom and bathroom

Agent Details

Harcourts Port Alfred

Shop 4, Duckpond Centre
Gluckman Road
Port Alfred
Port Alfred
Office website

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