101 ha Land available in Oudtshoorn Outlying

an ecotourism and lifestyle game farm Klein Karoo

Established Game Farm represents a premium hybrid asset class: an eco-tourism and lifestyle game farm in the Klein Karoo market.

It blends uncultivated land, hospitality infrastructure the new 5-suite Lodge and Airbnb cottage, and specialized game infrastructure.

JOINT MANDATE. ESTABLISHED GAME FARM 18.2km from Oudtshoorn bordering the river as well as the well known Chandelier Ostrich Estate. 101,4273 Hectares of land featuring a newly renovated 366sqm Lodge with 5 suites, separate bedroom and bathroom each. 60sqm The well-known Guest House on AirBnb earning approximately R70,000 per annum, 2 x staff houses 60sqm each.2.5km game fence, 2.4m high with jackal fence at bottom. 546 sqm floor space in total. 600m deep municipal borehole with pump and access to municipal water. 1 equipped borehole and a few other boreholes on the farm not equipped as not needed currently.

1. Land and Infrastructure

The property features critical geographic premiums, notably the river frontage and its strategic position bordering the established Chandelier Game Lodge.

Estimated Base Asset Components Subject to Local Karoo Comparables

1. Land Value: 101.4273 Ha R20,000Ha R2,028,546

2. Game Fencing: 2.5km 2.4m jackal proofing R 200,000

3. Water Assets: 600m deep equipped municipal borehole

Unequipped backup boreholes R 50,000

SUB-TOTAL Unimproved Land and Core Utilities Assets R2,528,546

2. Structural Improvements Matrix 546 sqm Total

Because the structural improvements are new they carry minimal physical depreciation. The breakdown below applies replacement cost logic:

and bull New Lodge 366 sqm: 5 en-suite rooms attracting international tourism. Valued at premium rural construction rates R15,000sqm, reflecting comparable guest lounges in the area. Estimated Structure Value: R5,490,000.

and bull Current Guest House 60 sqm: Fully functional active Airbnb asset. Estimated Structure Value: R600,000.

and bull Staff Accommodation 120 sqm: 2 x 60 sqm houses vital for operational continuity on a remote game farm. Valued at standard staff housing cost R5,000sqm. Estimated Structure Value: R600,000.

3. Income and Intangible Value Layer

A purchaser must overlay the IncomeProfit Method rather than just looking at brick-and-mortar costs:

and bull The Airbnb Income stream: The R70,000 per annum netgross income can be capitalized. At a conservative 8.5 capitalization rate for rural Karoo lodging, this single asset layer yields an investment value of R823,529 exceeding its bare construction cost of R600,000 by over R220,000 due to active goodwill.

and bull The 400 Ha Free-Roaming Accord: While the guest house physically commands 101 Ha, the informal agreement allowing game to roam freely across 400 Ha of neighbouring land transforms this property into a viable hunting and eco-tourism destination. This agreement is currently a contractual handshake.

4. Valuation Valuation Reconciliation Cost vs Income synthesis

Attached in the pictures is a visualization of how these moving pieces aggregate into the final property valuation breakdown of R8.5mil plus VAT using the baseline metrics modelled in the valuation system.

5. Essential Notes

Game Ownership: The free-roaming game is NOT included in the asking price.

Zoning: The Farm is Commercially Zoned.

The newly renovated 5-suite lodge has not started trading as yet.

The Seller is VAT Registered and VAT may be payable with the purchase depending on the Purchaser''s Vat registration status. VAT IS NOT INCLUDED IN THE ADVERTISING PRICE.