Farm for sale in Tsumeb district

REPORT ON FARM – Tsumeb District
Without prejudice

We are pleased to offer this fine property on sole and exclusive mandate on behalf of the owner.

This report is a short resume of this unbelievably diverse property. The owner has made excellent use of the potential and is a dynamic manager despite coming on in years. The two properties are managed as a unit and will be sold as a unit as a going concern.

District Tsumeb
Registration Division “B”
Appr. 3006 and 3007 hectares totaling 6013 hectares
Access excellent: tar road and proclaimed farm road.
±60km north of Tsumeb on the Tsintsabis road, 10km east on farm road.

Infrastructure
Farm 1 was bought first by the current owners, and it serves as current headquarters. The infrastructure is in excellent condition. Everything is kept simple to operate and easy to manage. There are no frills. Both farmsteads are generously designed and attractively located in its own way.

The service buildings on both farms are ample.
Farm 1.
Consist of separate guest-and manager’s flats,
Large storerooms, garages, and carports.
One abattoir and six workers dwellings.
Farm 1 has been converted to a game ranch with luxury glamping lodge, camping site and trophy hunting.
Farm 2 has 16 camps and now serves as the stock-farming side of the operation.
The stock handling facilities are excellent, catering for cattle, sheep, and horses.
The garden on the eastern farm is huge with many citrus trees as well as several mango and banana trees.
Nampower/Cenored 3-phase power is on tap.
The buyer would be required to take over existing contracts linked to the property.

Water

Both farms have strong and sweet water.
Farm 1 have three boreholes at the main farmstead, two of which are equipped with submersible pumps and a tested yield of 55m³/hour. There is a water permit of 100,000m³ per annum for irrigation purposes.

Farm 2 has a water abstraction permit of 50,000m³ per annum. An application has been submitted to increase that annual abstraction to 186,000m³
Both farms have various equipped boreholes in the veld.

Veld:

Open flat Savanna with tributary beds of the Omuramba Ovambo.
Excellent varied rangeland with various acacia species, marula trees, hardekool trees, tambotie trees, hundreds of Makalani palms, deurmekaarbos(mushaira) and fodder bushes such as rosyntiebos. The soil is a mix of deep red earth, more shallow calciferous soil and black turf, which is also reckoned as an excellent soil.
It is a stunningly beautiful place for the nature lover.
Game consists mainly of kudu, warthog and eland. There is a standing permit to harvest 10 eland per annum.
The bird life is prolific.
Three water points have been set up with salt licks for game and there are two hunting lofts for hunters or nature lovers to enjoy beauty and game.
The grazing is good, and the farm lies in an area of high and consistent rainfall.

ECONOMIC PURSUITS-GENERAL

The present owner has driven an economic diversification programme that was already at hand to a new level. Intensive agriculture emphasis has been shifted from dry-land cultivation to include irrigation and processing and value-adding of the products from the field. The game component has been diversified to include trophy hunting. Tourism has been introduced. The pastures are excellent. The water is excellent and plentiful: 30-40 hectares can be put to irrigation. The rainfall is high enough for dry-land irrigation. Charcoal has been produced in the past and a large portion of Farm1 has been de-bushed, giving a much higher rangeland production potential. Whatever is not irrigated can be put under dry land cultivation.

Intensive agriculture
Farm 1
Originally about 50 hectares have been put under dry land bloubuffel grass and about 14 hectares to floppy sprinkler maize irrigation.
The current water extraction permit of 100,000m³ per annum, for 10 hectares of lucerne field has been established and served by a 4-tower pivot irrigation system. By day the pivot irrigation runs on solar power, and by night on Cenored power.
The solar system can produce 30KW.
Dry-land cultivation land is expandable by another 75 hectares on the premises adjacent to the main farmstead. Much more land can be cleared further away.
A large portion of the farm is in principle suited to crop- and orchard cultivation.
There are many fruit trees, mainly citrus trees and several pawpaw and banana.
Vegetables for the black market is a gold mine, especially cabbage and tomatoes.

Value-Adding from the field

The harvest of the field is put through a hammer mill. A further stage is the pilling plant, which can produce three tons per day. About 600 tonnes per annum of pills can be produced from the farms production of maize and lucerne. Strategic feeding of lactating ewes and cows with calf at foot and game is done

Value-Adding from Game

Most of Farm 1 has been converted into a game camp and much game has been bought to provide a diverse offering of trophy animals for the discerning hunter. A modern farm abattoir has been built to process venison and beef and work trophies for shipping. (Dip and Ship)
Farm2 is richly endowed with plains game as well, notably Kudu, eland, warthog and the smaller species like Damara Dik Dik and duiker.

Value-Adding from Tourism…

A 4-tent luxury lodge with all amenities has been built to accommodate and entertain the discerning hunter and tourist. There are six camp sites, each with separate ablution and basic kitchen facilities. Each camp site is located under a stately Maroela tree and has its own lawn area. For the owner there is a luxury cottage with 2-en suite bedrooms and huge lawn. Walking and cycling trails have been laid out and photographic hides created.

Mode of Sale

The farm is sold as a going concern with an inventory of agricultural implements as well as game numbers and species provided.

Asking price
N$ 26,000,000.00 including commission, excluding any possible VAT and ancillary costs associated with a purchase.

General
The farm is easily managed and well developed for current needs. The asking price presents excellent value for money.

The client attention is drawn to the fact that being in possession or having read this report means that you have been introduced to this property by us and that we would therefore be the effective cause of any sale.

Therefore, the client is required to make arrangements through our office when wishing to view the property and not approach the owner directly. By virtue of the mandate the owner would be obliged to direct any private enquiry to our office.

Call 081 127 2322