Golden opportunity
Lodge for sale at the Kunene river
5 August 2023 of valuation
Income method is N$ 12,300,000
Insurance Value N$ 15,310,000
Registered in a CC
Size 3.8 Ha
Lease Hold until 2042 which can be renewed
You buy the business and buildings only!!!!
The Lodge is situated on a hill overlooking the mountains, the Kunene River, and the Epupa falls.
Fencing: Only fenced off the one side of the Lodge.
Safety: It's a very safe area and there are also a police station and the police are very helpful.
Power: there is a Solar power system that has been totally upgraded in 2018
There is a brand new lithium battery and inverter system just been put in. As well as a borehole has been drilled for the lodge.
Lodge Consist of:
* 10 spacious comfortable Chalets with
en-suite shower and WC accommodating
max 25 people
* Deck
* Pool
* Lapa/WC/kitchen
* restaurant
* 1 guide room
* 2 campsites for up to 10 people
* 1 Managers room
* staff Quarters
Having an Epupa Conservancy contract for 18 years lease from 2024 - 2042, can be renewed. Deal with the conservancy is that they pay them as follows:
* 1-5 years 5% net turnover on
accommodation minus all expenses
* 6-10 years 8% net turnover on
accommodation minus all expenses
* 11-25 years 10% net turnover on
accommodation minus all expenses
They are now in the 8th year running.
The sale includes everything at the lodge including vehicles. (Trailer not included)
