Location: Waterberg Mountains, near Vaalwater, a UNESCO world heritage site, Limpopo, 90 minutes drive North-East of Johannesberg, South Africa
No. of Keys: 300+
The Opportunity: Our client, a South-African resident and a veteran in the tourism sector of that country, has an option to acquire five farms, to make a game resort of 50,000 hectares (123,000 acres), and has an Expression of Interest (dated 2019) from a major global hotel chain to manage and assist in the development of the resort under one their top (five-star) brands.
The plan is for rooms size of 165 sqm and the resort to have all the facilities one would expect from a five-star project…pool, restaurants, bars, fitness etc. The plans also allow to upgrade the current gravel airstrip for private airplane arrivals.
In addition there are plans for a 10,000 sqm Auditorium for entertainment and large events
The area already has an abundance of “The Big Five” animals.
The business plan indicates an income of US$1,750 pppd full board to include game drives, on 70% occupancy to achieve an annual income of $250m
The investment required is
Main Photo: The
Time Frame: 36 months
Flag and Management: Brand has expressed interest, but nothing committed.
Current Owner: Individual with extensive tourism background
Financials: Business Plan available – xx% yield
Guide Investment Figure: US$
Price per Key:
Date Posted: May 2020
THPT Comment: A great opportunity to secure this great opportunity to break into the safari resort business in SA.
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MISREPRESENTATION ACT 1967. This information is provided as a general guide and is not intended to be constructed as a statement of fact upon which interested parties can rely. All interested parties should make their enquiries by inspection or otherwise. Neither The Hotel Property Team (trading name of Impetus Marketing 2006 Ltd) nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the premises referred to in these particulars. These details do not constitute any offer, contract or any part thereof and all negotiations relating to the premises should be conducted through THPT.