Members of the public can now own a piece of the beautiful Rhonelands Wineland farm and enjoy the benefits of a secluded getaway in the mountainous landscape of Tulbagh, by buying a 10% share equal to R2,5-million.
The Rhonelands farm owner has offered five plots of 5 000 square metres with one plot still available for purchase. The other 50% of the property will be retained by the current farm owner.
The remaining plot up for grabs includes 5 000 square metres of land along with a 175 square metre home that has four bedrooms and a 60 square metre double garage hidden under large trees in the well-grown garden.
The garden has a range of grove nut trees, offering pecan, macadamia and almond nuts to enjoy. There are also olive, fig, citrus and pomegranate trees on the property.
In order to manage the water supply, there is borehole water on the premises.
Along with the purchase of the land and house, the potential owner would have access and use of the common property areas.
Seeff agent, Nelia Retief says that there is one limitation when purchasing shares in this property.
“This property, however, cannot be bonded as you are purchasing a share in the company, but this once in a lifetime opportunity to invest in a farm life that would cost well into the upper millions,” she said.
Tulbagh is located a mere two-hours drive out of Cape Town and is just an hour from surrounding Wineland towns, Paarl and Stellenbosch.
Retief says that there has been a steady flow of purchases of property in the Tulbagh area, owing to its popularity among locals and tourists.
“Lightstone data shows that the property market has remained fairly steady with around 38-40 annual transactions and price growth has been in line with the national and regional averages, making property here an excellent investment,” she explained.
Enjoy a piece of the Cape Winelands without the increasing costs of millions of rands.
Picture: Seeff Properties
