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Agent: Rudie Swanepoel. Tel Nr: +27823533448. E-mail: corporate@gamefarmestates.co.za
The property as follows: The farm is situated inside Pride of Africa Nature Reserve, just outside Pretoria and is for sale as a going concern.
This means that there is a 1 hectare (10 000m2) full title plot, situated on a greater farm with participating properties. The reserve consist of approximately 3000 hectare on which we have traversing rights, of which we owns a 1/22 share. This means that you buy three businesses:
A Fully developed 5 - star Self catering Game Lodge on a full title stand
A 1 / 22 share of the farm
A going concern with a current income of ± R50 000-00 per month
The potential income of this concern with a 70-80 % occupation with a greater
Usage of the conference facilities available, can be R350 000-00 + per month.
The Lodge consists of the following
Three two bedroom houses each with the following:
Two bedrooms
Two bathrooms ( Each house has one on suite)
Kitchen with breakfast nook
Lounge
Walk in pantry
Verandah
Each it’s own private lapa (boma )
(One of the houses has a double storey extra with a private lounge, cupboards etc.)
Four rooms each witG:
A bedroom
A bathroom
A toilet, and
Every room exits out on to a large communal thatch covered verandah. Communal entertainment thatch roofed area /lounge with built – in bar area and large communal braai area.
Main kitchen with it’s own braai area (boma), scullery, laundry and staff bathroom with shower etc.
Conference center with it’s own ablution facilities.
Large wooden raised deck with thatch roof (Look-out )
Several carports
Storeroom / workshop
Swimming pool
All above buildings is fully furnished with all the equipment needed to qualify the venue as a 5 – star venue.
Estimates of values :
1.) Stand R 1 500 000-00
2.) Buildings R10 931 000-00
3.) Furniture and equipment R 845 000-00
4.) Tools and equipment R 40 000-00
5.) Garages at main camp R 20 000-00
6.) Vehicles R 460 000-00
7.) Share in farm R 900 000-00
8.) Goodwill R 400 000-00
Total R15 035 000-00
This farm and lodge is the ideal venue in the wild for business partners to escape to with their families and friends, and to use it in the week for business purposes like conferences, planning sessions and team building. This venue can also be rented out to generate it’s own income.
The lodge’s turnover is gradually growing and is currently approximately R50 000-00 / month.
The camp has a 5- star self catering grading from the Hotel Grading Council and the current tariff per day is R4200-00 for the whole venue. (rates for similar lodges 200- 300 km further from Gauteng is 3 times our rates ) This lodge lies within the Pride of Africa private nature reserve and also in phase a of the Dinokeng Game reserve – currently under construction. Fences have already been erected by the Gauteng Government for the Dinokeng Big Five Game reserve. Government has spent ±R55 million towards the infrastructure of this dream game reserve. The delivery of the first free roaming lions in Gauteng will take place in ± June 2009 on Pride of Arica. The future plans involve the establishment of the Big Five in this malaria free area which will make this property well sought after in this safe and crime free area. It is also a good investment and tourist destination for 2010 because it is very close to the big stadiums in Gauteng and the O.R. Tambo airport.
The asking price for this investment is R8.5 million which will be a very good investment in the light of the future of property in the area . The biggest advantage of this property in it’s location from big city centers and the opportunities that will be available for the soccer 2010 games as it is within 100 km from stadiums where games will take place.
Price: R8.5mill (excl. VAT should it be payable))
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