Thaba Monate Renowned Game Lodge with Chalets and Camping Facilities Total 355.502 Ha / 3,555,020m² Portion 2 of the farm Buisfontein 451 KR Thursday, 12 July 2018 @ 12h00 Venue: Houghton Golf Club Osborn Road, Houghton, Johannesburg Sean O Shea 083 265 8593 SeanOS@Aucor.com Version 1 (30 May 2018) Terms & Conditions R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Pieter Geldenhuys
Index Disclaimer Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 5 General Information Page 6 Locality Information Page 8 Property Description Page 10 Supplementary Documentation Page 15 Surveyor Diagram Page 16 Sectional Plans Page 20 Title Deed Page 28 2
Disclaimer & Auction Information Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/A Aucor Property nor the Seller/s guarantee the correctness of the information provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of Aucor Corporate (Pty) Ltd T/A Aucor Property or the Seller/s or any other person. Auction Information Deposit 5% of bid price Commission 10% plus 15% VAT thereon of the bid price Confirmation period 2 Days Rules of auction and conditions of sale are available at www.aucorproperty.co.za/ 3
Staff Residences Rooibok Camp Site Restaurant / Pub and Conference Facility Main Reception Chalets Thaba Monate Game Lodge Property Images Pool Area with Kiosk 4
Executive Summary & Key Investment Highlights Street Address: Remaining Extent of Portion 2 of the farm Buisfontein 451 KR -, Limpopo GPS Co-Ordinates: -24.807086, 28.328769 (main entrance gate ) Registered Land Size: Zoning: Assessment Rates and Levies: RE of Ptn 2-340.5481ha / 3,405,481m²; Total - 355.5020ha / 3,555,020m² To be verified To be verified Ptn 38-14.9539ha / 149,539m² See from page 10 for details Accommodation: T he site hosts a variety of accommodation options including chalets (4- and 6-sleeper options), log cabins (4-sleeper), safari tents (2-sleeper), Nyala Park Caravan / Camping site and Rooibok Park Caravan / Camping site all varying in configuration, size and utilities. Topography: T he site is predominantly undulating throughout with a noticeable ridge from the south-east extending across the centre of the subject properties in a general north-western direction with a noticeable slope from both the east and west of the slope. All improvements are located on the higher lying eastern side of the ridge. The higher lying area towards the west of the ridge is mostly unimproved arable land. Occupation: The property will be sold with vacant occupation on transfer Key Investment Highlights: Established and renowned game farm in the heart of the Bushveld, conveniently located alongside the R101, between and Modimolle with ease of access to the N1 highway Variety of accommodation and service offerings available on-site including chalets, camping sites, restaurant, curio shop and conference facilities amongst others. Additional rental income generated from Waterberg Zipline and Cellular Phone T ower located on site. Lock, Stock and Barrel sale - see from page 10 for details and features. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying, and that he accepts the property as such. 5
General Information GPS Co-Ordinates -24.807086, 28.328769 (main entrance gate) Title Deed Information Property 1 Property Type Freehold Title Deed Number T48270/2001 Registered Owner Thaba Monate CC Title Deed Description Remaining Extent of Portion 2 of the farm Buisfontein 451 KR Registered Land Size 340,5481ha (3,405,481m²) Title Deed Conditions See copies of the Title Deeds attached to this brochure. Property 2 Property Type Sectional Title Description Registered Land Size Exclusive Use Areas Sectional Title SS Thaba Monate (747/2002) Remaining Extent of Portion 2 of the farm Buisfontein 451 KR Unit Unit Size Number (m²) Reg. Owner Quote (%) Number 1 336 61,5513 ST 747-1/2002 14,9539ha (149,539m²) Participation Title Deed 2 53 9,7248 ST 747-2/2002 3 53 Thaba Monate CC 9,7248 ST 747-3/2002 4 53 9,7248 ST 747-4/2002 5 50 9,1743 ST 747-5/2002 Ref Number 545 100 Size (m²) P1 30 P2 25 P3 15 P4 15 85 Title Deed Number SK6272/2002S Municipal Information Municipality Assessment Rates Local Municipality To be confirmed 6
General Information Town Planning Information Zoning To be confirmed 7
Locality Information Macro Locality Thabo Monate Game Lodge is a renowned and well-established tourist attraction in the heart of the bushveld nestled in the undulating hills and the unspoiled natural environment in and around the Waterberg Mountains. It is renowned for its magnificent facilities in a sprawling, picturesque reserve spanning over ±350ha. The game lodge is characterized by its unspoiled natural environment and diverse wildlife. It is situated on a continually maintained gravel road accessible via the R101, roughly 13km north of and 19km south of Modimolle towns in the Limpopo Province. Its locality along the R101 provides ease of access to and from the N1 highway for visitors travelling from Pretoria / Johannesburg in the south, as well as visitors travelling from Polokwane in the north. Nearby towns provide all major amenities and service offerings required including schools, hospitals and retail and commercial offerings including the Bela Mall and Modi Mall. The property is characterised by natural bushveld and undulating hills with mostly summer rainfall and average temperatures ranging from 20ºC to 29 ºC in January. GPS coordinates for the entrance gate to the farm are as follows: -24.807086, 28.328769. Modimolle Image Data: Google, DigitalGlobe, AfriGIS Pty Ltd 8
Entrance Gate Thaba Monate Game Lodge Locality Information Micro Locality 9
Legend Small Dam Chalets Area Staff Rooms for Gate / security staff Main Reception and Facilities Area Land Restitution Claims We are not aware of any restitution claims currently lodged over the property. Note that the Restitution of Land Rights Amendment Act 15 of 2014 has reopened the lodgment period for restitution claims from 1 July 2014 until 30 June 2019. Invasive Alien Plants We have not undertaken an Invasive Alien Plant study on the property. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying and that he accepts the property as such, including the vegetation on the property. Entrance Gate Zipline Reception Nyala Camp and Caravan Site with Tented Camp Rooibok Camp and Caravan Staff Flats Compound for farm workers RE of Portion 2 of the Farm Buisfontein 451 KR Portion 38 (a portion of Ptn 2) of the Farm Buisfontein 451 KR Italian Dam Thaba Monate Game Lodge Property Description Approximate Boundaries & Localities Image Data: Google, DigitalGlobe, AfriGIS Pty Ltd 10
Property Description 100m Contour Map Source: Image Data: Google, CSG, Esri South Africa, Esri, HERE, Garmin Topography The site is predominantly undulating throughout with a noticeable ridge across the centre of the subject properties. The unimproved areas of land are covered with natural grasses, gravel and trees of varying densities. We have not undertaken an Invasive Alien Plant study on the property. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying and that he accepts the property as such, including the vegetation on the property. Fencing The entire property is game fenced ±3m high. Internal Roads The roads inside the resort are all gravel roads and are well maintained, although not all roads are accessible to normal vehicles, there are certain roads that are specified as 4 x 4 trails. Services Electricity Water Sewerage - Main electricity supply from Eskom with gas installed in all chalets for water heating; includes a generator located close to the main reception area. - The resort makes use of two fully equipped electric boreholes located on site as well as one backup borehole diesel engine. We have not undertaken any tests on the strength of these boreholes. Information regarding the location and strength has been requested and will be made available upon receipt thereof. - Septic tanks / pits. 11
Property Description Accommodation 4-Sleeper Chalet The site hosts a variety of accommodation options including chalets (4- and 6- sleeper options), safari tents (2-sleeper), Nyala Park Caravan / Camping site and Rooibok Park Caravan / Camping site all varying in configuration, size and utilities. The configuration of the various accommodation can be summarized as follows: 29 chalets (10 x 6 sleepers & 19 x 4 sleeper); o All have fully equipped kitchens, one or two bathrooms and living/sleeping areas with a covered carport; o All water heating is gas based; o One of the 4-sleepers is a log cabin. 4-Sleeper Chalet 2 camping and caravan sites (see the layout on page 8 for location); o Nyala Camping Site: 105 spacious camping sites measuring 10m x 10m with three separate ablution blocks, a small splash pool, trampolines and kiddie s jungle gym. o Rooibok Camping Site: 14 spacious camping sites measuring 12m x 12m situated right by the main reception area with most facilities (restaurant, kiosk, swimming pools, etc.). Ablution facilities consist of one ablution block; o Each camping site has its own plug point. o Safari Tents: 2x2-sleeper hidden in the further most western corner of the Nyala Camp Site, each offering 2 single beds with linen, fan, fridge and braai area. 6-Sleeper Chalet 6-Sleeper Chalet Additional Improvements In addition to the primary accommodation buildings, the site further hosts the following buildings and/or improvements: Main Reception Main Reception and Facilities: Main Reception Building hosting reception/offices, curios shop and toilets; Large building hosting a bar and restaurant with shared kitchen and toilets; 12
Property Description Conference facility (can be separated into two or utilised as one large facility) attached to the restaurant; Old reception building in process of being converted into a spa; Three outdoor swimming pools (1x kiddie s pool, 1x heated pool and 1x cold pool); Kiosk/shop (in swimming pool area); Tennis court and putt-putt course; Kids play area; Staff accommodation comprising 7 flats of 1 bedroom, 1 bathroom and open plan kitchen and lounge area; 250kW Generator. Restaurant and Bar Restaurant Old reception / spa Bar Other site improvements: Guard House at Entrance Gate with 2 houses for the guard and security personnel on call. Compound with farm workers accommodation and storage; Zipline Reception Area to the south of the main reception area; Ziplining, Walking Trails and 4x4 routes. Electric fenced predator camps adapted to accommodate species such as lions, serval cats and caracal cats. 2x Concrete wall dams Zipline Income Generating Potential The subject properties have strong income generating potential. The primary sources of income can be summarized as follows: Accommodation facilities available on site (i.e. chalets, camping sites and safari tents) See Supplementary Documentation on page 14 for the current tariffs; Waterberg Ziplines R5,500.00 rental per month* SA ATC South Africa Cell Phone Tower R3,276.99 rental per month* *Lease information and/or agreements has been requested and will be made available upon receipt thereof. 13
Property Description Species List The site has a rich fauna and flora aspect with diverse animal, plant and bird species that can be found in the area. An extensive list comprising all species and game is on hand and will be made available to bona fide purchasers upon request thereof. Inclusions The inclusion of all the game on the property with the sale is still to be confirmed. Comprehensive inventory lists of all items included in the sale are on hand and will be made available to bona fide purchasers upon request thereof. Condition The property is regarded in generally good condition with ongoing maintenance and repairs required. We have not undertaken a structural survey of the building nor have we arranged for tests or inspections of the service installations. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying, including the vegetation thereon, and that he accepts the property as such. Conference Facility Putt-Putt and Tennis Court Lookout Point Landscaped Garden Warm Pool Swimming Pool 14
Supplementary Documentation 15
Surveyor Diagram S.G. Diagram No. A1998/1922 16
Surveyor Diagram Subdivision Diagram 17
Surveyor Diagram Subdivision Diagram 18
Surveyor Diagram Subdivision Diagram SS Registration Note 19
Sectional Plans Sheet 1 of 8 of SG Diagram no. D655/1997 20
Sectional Plans Sheet 2 of 8 of SG Diagram no. D655/1997 21
Sectional Plans Sheet 3 of 8 of SG Diagram no. D655/1997 22
Sectional Plans Sheet 4 of 8 of SG Diagram no. D655/1997 23
Sectional Plans Sheet 5 of 8 of SG Diagram no. D655/1997 24
Sectional Plans Sheet 6 of 8 of SG Diagram no. D655/1997 25
Sectional Plans Sheet 7 of 8 of SG Diagram no. D655/1997 26
Sectional Plans Sheet 8 of 8 of SG Diagram no. D655/1997 27
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 28
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 29
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 Title Deed Sectional Title Deed ST2312/2010 Section 1401 30
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 31
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 Sectional Plans Title Deed Sheet 8 of 8 of SG Diagram no. D655/1997 Sectional 32 Title Deed ST82312/2010 Section 1401
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 33
Title Deed Re of Ptn 2 Title Deed No. T48270/2001 Title Deed Sectional Title Deed ST2312/2010 Section 1401 34
Title Deed Portion 38 Title Deed No. T131721/2002 35
Title Deed Portion 38 Title Deed No. T131721/2002 36
Title Deed Portion 38 Title Deed No. T131721/2002 37
Title Deed Portion 38 Title Deed No. T131721/2002 Title Deed Sectional Title Deed ST2312/2010 Section 1401 38
Title Deed Portion 38 Title Deed No. T131721/2002 39
Title Deed Portion 38 Title Deed No. T131721/2002 Sectional Plans 40