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Please consider the environment before printing this Property |
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Dronfield Nature Reserve, Northern Cape
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for sale
Private Tender
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Location
Summary
Why invest in Kimberley.
- Established Revenue Streams:
- Wildlife and Conservation Management: This reserve is teeming with wildlife. Annual sales of select animals ensure a sustainable balance while generating income.
- Hospitality: Dronfield offers premium accommodation options, catering to discerning travelers seeking an exclusive experience in nature.
- Research: Dronfield is a hub for ongoing research initiatives, positioning the nature reserve as an intellectual and ecological asset.
- Strategic Growth Potential:
Our analysis has identified two primary commercial avenues ripe for expansion:
- Luxury Wildlife Safaris: The reserves’ abundant wildlife presents a unique opportunity to create premium wildlife safari experiences, tailored for both local and international travelers seeking exclusive, immersive encounters with nature.
- Hospitality: Expand on the existing accommodations to create world-class game-viewing, wildlife, and safari experiences. Tailor offerings to local travelers, with differentiated marketing strategies that cater to diverse expectations.
- Investment Viability:
This opportunity goes beyond traditional land investment. With strategic enhancements, this reserve has the potential to be marketed as premium investment assets, attracting both local and international investors seeking high returns in the ecotourism and conservation sectors.
Situation
- Dronfield Nature Reserve is located 5km north-east of the Kimberley CBD along the N12 national highway, toward Warrenton. The close proximity to Kimberley makes this reserve highly accessible. The reserve spans 13 037 ha and has numerous internal camps. The reserve has limited water from two boreholes. The game count on Dronfield at the start of January 2024 amounted to 4,362 across 15 species.
Registered Farm Portions:
- Remainder of farm Inglewood 47 – 902 ha
- Portion 1 of farm Inglewood 47 – 623 ha
- Proposed remainder of farm Kenilworth Estate 71 – 5 893 ha
- Remainder of farm Picardi 72 – 1 141 ha
- Remainder of farm Tafelkop 73 – 817 ha
- Remainder of farm Samaria 75 – 938 ha
- Proposed portions 23 & 24 of farm Dorstfontein 77 – 52 ha
- Portion 1 of farm Inglewood 549 – 411 ha
- Portion 1 of farm Inglewood 1608 – 2 046 ha
- Farm Triangle 1140 – 11 ha
- Farm Fairfield 624 – 201 ha
Description
- Very good accessibility due to its close proximity to Kimberley
- At 13,000 ha Dronfield is a very large game reserve relative to most regional comparables
- The reserve offers beautiful scenery and variety in terms of vegetation, topography and natural features
- The reserve is very well set up for game breeding, having numerous internal camps in place
- Some hospitality infrastructure already in place (6 chalets at midscale positioning)
- The close proximity to Kimberley means the farm has potential for uses that rely on road and market access and logistics, etc. (these could include game breeding, livestock agriculture, feedlot, hospitality, events, etc.)
- Numerous internal camps allow for extensive game-breeding capacity (cattle farming will also benefit greatly from this feature).
The Promoters
De Beers, a global leader in the diamond industry with a legacy dating back to 1888 in Southern Africa, is a multi-disciplinary company involved in a wide range of development projects. De Beers is one of the most influential players in shaping the global diamond market.
De Beers has appointed CBRE Excellerate as its exclusive agent and advisor for the sale of this premium asset. This sale presents a unique investment opportunity, and interested buyers are invited to participate in a Private Treaty process. Non-binding offers, in the form of a Letter of Intent (LOI), must be submitted by noon on Friday, 22 November 2024.
VAT
The Seller is registered for VAT (Value Added Tax). It is intended that the sale will be treated as a transfer of a going concern, provided that the purchaser is registered for VAT and the requirements for going concern are met in terms of the VAT Act, No. 89 of 1991.
Sales Process
This property is being sold by way of a Private Treaty process under an Exclusive Mandate with CBRE-X online.
Interested parties will have access to the Investment Memorandum and Non Disclosure Agreement (NDA) on registration on the CBRE-X online website.
Should you wish to access the full Due Diligence information in the ClicktoPurchase (CTP) data room, we will require you to sign the NDA, and provide information regarding the entity and individuals represented by that entity, that is expressing an interest in the property. This can be in the form of a link to your company website, your company profile or a brief resume for both the company and key individuals involved in the transaction.
On successful review of your registration, you will be granted access to the CTP data room. Besides all DD documentation, you will also have access to the sale agreement.
Should you wish to submit an offer on the property, you will be required to provide proof of funds or comfort from a financial institution that they would favourably consider an application from yourself for funding for the property in question. Interested parties are invited to submit their best conditional offer as soon as possible.
Only interested parties that have submitted an NDA and provided the aforementioned information, will be invited to view the property in the company of the Agent or a representative of the Seller.
FICA and KYC verification will be required in order to register.
In the instance where a binding offer acceptable to the Seller is presented, the Seller reserves the right to accept any offer but undertakes to instruct the Agent to inform all interested parties (those that have signed a NDA and accessed the DD information via CTP) that there is an offer under consideration at least 5 business days after receipt of that offer.
The agent will present all offers to the Sellers.
The agent will communicate acceptance of their offer to the winning party and inform all other parties that have not been successful.
Offers will be assessed on, amongst others, the following criteria:
- The price offered.
- Ability to perform and provision of comfort letter or proof of funds for the transaction in question.
- Conditionality of the offer and timeline to conclude the deal.
Disclaimer
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Contacts
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CBRE Excellerate
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Disclaimer
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