The Boschendal property of four founder estates, including two heritage founder estates, with large tracts of winelands and a working farm will go on auction on site at 12 noon on Monday 7 December 2009.
The Pam Golding Property group has been awarded the exclusive marketing and sales mandate for this estate and will be conducting the auction in association with Alliance Group to offer investors an opportunity to acquire a piece of South African heritage. The new owners will enjoy an iconic address, benefit from professional management and extensive estate security and receive a quota of the wine production each year.
Comments Dr Andrew Golding, CE of the Pam Golding Property group, "Boschendal is a globally renowned wine estate of the highest calibre and it offers great opportunities to buyers should they decide to form a syndicate. As a location, Franschhoek itself is highly sought after both locally and internationally, and is arguably one of the world's foremost destinations."
Rael Levitt, CEO, Alliance Group says, "The heritage manor homes and estates provide the ideal investment opportunity for those who appreciate being a custodian of a legacy for future generations."
The first heritage founder estate is the Sir Herbert Baker-designed Rhodes Cottage, a 42-hectare section comprising 29 hectares of arable land, five hectares under infrastructure and 8.5 hectares of woodland. Commissioned by Cecil John Rhodes, the thatched homestead includes three bedrooms, two bathrooms, covered veranda and pergola, as well as a second dwelling, Rhodes Annex, which is a two-bedroom cottage, which complements the main homestead.
The second heritage founder estate, Goede Hoop Cottage, set on 21 hectares, comprises a main homestead built in 1821 with tall sash windows, thatched roof, three reception rooms, dining room and three bedrooms. Behind the homestead is the Annex - originally slave quarters, comprising a two-bedroom cottage, laundry and storeroom. Unique offerings include a wine cellar built in 1832, stables and courtyard dating back to the original buildings and a slave bell, dated 1834, which marks the abolition of slavery. Modern amenities including a swimming pool and tennis court, while there is an additional dwelling assumed to be the original water mill.
Two additional sections of land, each approximately 21 hectares, represent further founder estates, providing the investor or developer the chance to forge his/her own signature and build a manor house among this rich legacy of vineyards. The permitted development footprint for each is 2400 sq m.
The final property is Old Bethlehem Farm, an agricultural zoned farm with the bulk lying fallow and with 30 hectares currently utilised as orchards, which are sub-let on an annual basis - generating income for the owner. The current titles of Old Bethlehem are being realigned, resulting in 11 farms ranging from 15-54 hectares in size. The new owner will be permitted to actively farm the entire estate or sell off the 11 new 'farms' for development purposes.