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11
R 3,750,000
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SALE OF SHARE IN
GAME LODGE IN TULI BLOCK BOTSWANA
Looking for an experience of a lifetime, be part of the magnificent
Botswana Tuli Block.
The share can be subdivided into a maximum of 4 owners.
Property
Description
Shashe farm is a 2570 hectare private game farm
situated in the Northern Tuli Game Reserve. The farm has the Tuli Circle as its
northern boundary and Shashe River as its eastern boundary. There are also
other rivers and springs on the farm that hold water year-round.
No hunting is allowed; hence this opportunity will
not be of interest to anyone looking for a hunting lodge.
Camp Description
Megwe camp was built in 1998 and opened its doors
for occupation in 1999. The lodge is nestled into a dry river bed and is
surrounded by large trees, creating a cool environment for the camp during the
hot summer months.
Megwe Camp consists of:
A
central facility that includes a modern and fully equipped kitchen, outside
dining area, fire place, small library, inside lounge and outside lounging
areas, storage area and storage lockers for shareholders.Four
chalets each consisting of an en-suite bedroom, equalling a total of 8
beds.Garage,
parking and workshop facilities.Staff
quarters.
Ownership
Shashe farm is owned by a
Botswana registered company, Shashe River Enterprises (Pty) Ltd. Shashe River
Enterprises is in turn fully owned by a South African registered company,
Lagonda Investments (Pty) Ltd.
There are two camps on
Shashe farm, Shashe camp which has 7 shareholders and Megwe camp which has 6
shareholders. The operation of Lagonda is regulated by a Shareholders Agreement.
When purchasing a share in either camp a Lagonda share certificate is issued to
the owner. The Megwe and Shashe camp are physically 5 kM apart and operated
totally independently of each other.
Security / Risk on the land
The land is unencumbered and thus there is no risk
in investing. The share will be transferred into your name or holding
institution, company or trust at the time of payment. The land is not to be
used as any sort of surety and no bonds will be registered over the land.
Therefore there is no risk in the investment and once you have paid, you will
have a tradable asset should you wish to on-sell at any time. Funding The lodge
and farm operations are funded by shareholders monthly levies
4d
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