Property For Sale Pongola Game Reserve,South Africa

For sale by real estate agent - Pongola Game Reserve

Property for sale

Commercial Pongola Game Reserve, KwaZulu-Natal

$4,106,922 | £3,075,000 | €3,430,985
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ForSale SqFt Area 0Baths 0Beds
This is an exciting new development in Pongola Game Reserve, Northern Natal, about 2.5 hours drive north of Durban, South Africa. Elephant Kraal consisting of 21 full title stands. There are 9 stands available for a 72 room boutique Hotel which will be sold on sectional title basis. Up to this point, 4 full title stands have been sold and construction has started on 3, 2 of these units are roof height and the 3rd one is about 98% complete. Construction has also started on 2 hotel rooms.The size of the property for sale in South Africa is 2000 hectares or 20,000,000 sqm and there is no bond over the property. There are different options for buying into this wonderful development:The farm and development can be sold in its entirety for R56,000,000 or 3,075,000 GBPAn investor can partner with the owners just in the Elephant Kraal Development for 30,000,000 ZARIndividual buyers or investors can purchase the remaining 17 full title stands and 72 hotel rooms for various pricesThe development is located along one of the most prestigious parts of the Pongola Game Reserve and is a fabulous escape from city living. It is directly off the N2 highway that connects Durban to Swaziland and Mpumalanga. The properties are built to an exceptionally high specification combining traditionally styled lodges with contemporary design. It comprises: 4* Hotel with a restaurant, day spa, wedding andamp; conference facilitiesLodges consisting of 8 bungalows and pool with dining area, bar and entertainment areaBackpackers campA game farm with all types of game except lionsBoat andamp; launch site on the Jozini Dam that is famous for Tiger fishingElephant Kraal is a securely gated game reserve and is easily accessible with a a wide variety of services and amenities within easy reach. The owners are committed to operating the most ecologically responsible way possible and they have researched state of the art solutions by implementing green practices throughout the ongoing operations of the hotel and lodges.They hope to achieve Green Leaf accreditation with the guidance of Green Leaf Environmental Standard with is an international standard that measures elements at a resort, for instance, water and energy usage, waste recycling, green procurement and innovation. This will reduce the carbon footprint of the units and improve the education of owners and consumers.A fabulous development to buy in South Africa with exceptional potential for the discerning investor!!
20 Km from Durban Airport, South Africa