Farm for Sale in River Plots

Size: 16.7211 Hectares Privately registered, sellers not VAT registered Zoning: Agricultural Water: Municipal at agricultural rates Electricity: Small solar system for household use only. NamPower also available to connect Price: N$5 250 000 Established agricultural smallholding with income potential located 25km from Swakopmund in the Swakop River area. This 16.7211 hectare property features approximately 1 hectare under shade netting, irrigation infrastructure, compost production facilities, staff accommodation, and partial fencing. Municipal water at agricultural rates and solar power installed, with NamPower available for connection. The property includes infrastructure, tools, and approximately N$200,000-$280,000 worth of current produce ready for sale (compost and vegetables). Current net provide before tax is approximately N$50,000 per month with potential to exceed N$100,000 per month through natural growth. A structured handover period with the current owner and staff ensures smooth transition. With plenty of space to build your dream home and/or expand the agricultural activities, this property is ideal for buyers seeking a lifestyle property with established income potential. Current infrastructure: * 1 Hectare under Shade Netting: *** 4 x 50m x 50m shade cloth squares *** Each square has own 5000l water tank *** Each square have various rows of compost beds, with irrigation, ready for planting * 1 x smaller shade cloth square, with similar compost beds and irrigation piping * Building that houses: *** 1 x Communal kitchen *** 1 x Communal shower facility *** 2 x bedrooms *** Store Room * One bedroom (separate from abovementioned) * Outside toilet General: * Smallholding is not fully fenced in * There is currently compost with value of +-N$150 000 on hand * Seller currently has turnover of N$50 000 per month, with potential of N$100 000 plus per month * All compost is made on site