| Game farm & Lodge for sale with 74 res 1 stands |
Overview of the Property and Its Potential (Massive R10 000 000 price reduction, property is valued over R100m) Huge potential for developers to make progressive income through the lodge and 60 rooms, 30 of which is annual contractors and with a full restaurant open to the public and residents / guests. Plus x7 RIO on eco estate 74 stands that needs basic services. This not to be missed.
The property in question is a family-owned game lodge and farm spanning nearly 2,000 hectares, nestled amidst the Maroni Mountains. Strategically located on the R555 road in Limpopo Province, it lies 3 km from Burgersfort and 8 km from Steelpoort, positioning it advantageously near a burgeoning mining sector. Over the past two decades, the area has experienced significant growth due to mining activities, leading to a pronounced demand for both temporary and permanent housing solutions.
Current Infrastructure and Amenities
The lodge boasts over 23 years of operational success, offering a diverse range of accommodations:
30+ rooms and chalets, varying from single-bedroom suites to expansive six-bedroom self-catering units.
Four residential houses one of them with 11 rooms, six storage facilities, and a conference room.
A recently renovated, fully licensed à la carte restaurant and bar, complemented by two deck areas, one of which overlooks a dam.
Three dams, one of which has been lined and stocked with fish, attracting local wildlife such as ducks.
A campsite featuring 12 stands with ablution facilities.
A bush boma designed for events, offering panoramic views of the surrounding mountains.
An 11 km 4x4 mountain route, ideal for excursions and team-building activities.
The property is also home to a rich array of wildlife, including giraffes, kudus, elands, nyalas, impalas, wildebeests, duikers, klipspringers, ribboks, ostriches, and a variety of bird species.
Long-Term Rental Opportunities
In response to the escalating demand for housing driven by the mining industry's expansion, the property has diversified into long-term rentals:
Over 20 permanent rental units, with some corporate tenants maintaining leases for over four years.
A consistent waiting list for accommodations over the past five years, underscoring the acute housing shortage in the region.
Regular inquiries for housing and land purchases, as well as a recent proposal to allocate land for the construction of a primary school.
Eco-Township Development Proposal
A notable aspect of the property's potential is the proposed eco-township development:
74 stands, each ranging from 3,000 m² to 7,000 m².
Comprehensive studies, including hydro and geological assessments, have been completed.
Three potential access points to ensure seamless traffic flow between the development and the main lodge.
Ongoing upgrades to internal roads, facilitating improved connectivity.
Strategic Location Benefits
The property's prime location offers several advantages:
Proximity to a new private hospital currently under construction.
A mere 2.8 km from the Tubatse Crossing Mall and 2 km from establishments like the Thaba Moshate Casino, Buco, Plumblink, and ACDC Electrical.
Essentially all traffic from Burgersfort town to the mines passes by the property, enhancing its visibility and accessibility.
Investment Potential
The confluence of the property's existing infrastructure, the region's housing demand, and its strategic location presents a compelling opportunity for investors and developers. The owner is open to negotiations, particularly concerning the eco-township development, and is willing to discuss various options to facilitate this venture.
Conclusion
This property stands as a testament to strategic development, blending hospitality with residential solutions to meet the region's evolving needs. Its diverse offerings, combined with the potential for further development, make it an attractive prospect for those looking to invest in a thriving area with sustained growth prospects.
ERF Size 1,872.000 ha
Rates R2,300 per month
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Rhynhardt Erasmus
c. 0823212887
r.erasmus@rawson.co.za
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