Game Reserve 1000 Acres

South Africa

This is an excellent opportunity for an individual or syndicate to acquire a quality game reserve in South Africa. The reserve has been in the vendors family for some time and they now have a genuine reason to sell.

To buy as a going concern, as an investment property, or as your own piece of Africa.

Set within 402 Hectares of stunning Bush Veld at the foot of the Boshoffsberg Mountains, is an exclusive retreat with a lodge and suites built sympathetically into the rock and made of local wood with thatched roofs.

Each suite (which can sleep 22 in total) has been designed by a top cabinet maker with goose down duvets, scented candles and carved furniture adding a real feeling of luxury to the breathtaking natural surroundings.

There is a sparkling salt pool, sun loungers on the wooden decking, bar and quality restaurant, snooker table and roaring open fires for the relaxing evenings.

Outbuildings currently being used for self catering parties, with bedrooms, bar and BBQ could easily be converted to conference facilities if wanted.

This is an incredible opportunity to acquire an ongoing business, owning the large estate, lodge and other properties, vehicles and staff, plus the vast array of game including; Bushbuck, Bushbabies Baboon, Monkey, Ostrich, Eland, Warthog, Wildebeest, Waterbuck, Impala, Giraffe, Rhino and Zebra.

Date assessed
01/14/2006

IPAP Assessor
Richard Brady

How many
One

Brief Description of Development
Game reserve lodge and 16 rooms plus 2nd self catering lodge with possibilities of conferencing. Set in 402 hectares of African bush with own landing strip, stocked with hundreds of 'Bucks', with rhino, giraffe, zebra etc. Business is a going concern with all staff etc

Prices
13,200,000 Rand (approx £1,200,000) includes business, land and property

Payment terms
To be agreed

Rental opportunities
Business income from paying guests, business conferences, weddings etc. Capital appreciation of land, value of livestock (cost to buy 1 x rhino = c. £20,000)

Completion
Completed although development could be undertaken on self catering apartments to change to conference facilities, generating further revenue options. All rooms well appointed, decorated and maintained.

Due Diligence Assessment
Attended and assessed first hand, all to high standard. Owners are recognised professionals.

Other Notes
This is a superb 'smaller' and intimate game reserve. It is managed and staffed by excellent staff, including the 2 managers, chefs, waiters, cleaners, and game drivers. Quality of facilities and land is first class. Business is a going concern which started in April 2005 and marketing is picking up. Previously this was a private lodge, owner also has bought vineyard in the Cape and needs to spend time there. Had previous offer just below asking price, this is well priced and client confident does not need to discount. Unbelievable opportunity for the right person to acquire 402 hectares at a 'relatively cheap' price.