Exclusive Hotel Development Opportunity – Gabarone, Botswana

For Sale

Private Treaty

9WPX+F7Q

| Gaborone

1,000,000

Asking price

Summary

Mixed-Use Urban Precinct:
Eco City is a major new development in Gaborone’s Fairgrounds node, designed as a master-planned, mixed-use precinct with residential, commercial, retail, and hospitality components.

Prime Location:
Located within one of Gaborone’s most sought-after commercial districts, with direct connectivity to key roads and public transport routes.

Scalable Infrastructure Platform:
Significant infrastructure investment already completed, allowing for phased rollout of developments across hospitality, medical, retail, and residential uses.

Developer Track Record:
Delivered by RIC Developments Botswana, an experienced and well-capitalised developer with a portfolio of completed projects including Sarona City, Sarona Villas, and multiple commercial and residential precincts across Botswana.

Government and Institutional Support:
Aligned with national infrastructure and urbanisation plans. The project has received support and engagement from various public and private stakeholders.

Flexible Delivery Scenarios:
Two investor participation options:

1.Turnkey Acquisition: Investor funds full delivery of core components with operational readiness.
2.Build-Operate-Stabilise: Investor enters during construction, helps manage the asset post-completion, and exits at stabilised value.

Attractive Macroeconomic Fundamentals:
Botswana remains one of Africa’s most stable democracies with strong GDP growth, rising urbanisation, and investor-friendly regulations.

High-Return Potential:
Forecast IRRs of 20%+ depending on entry structure and development phase. Terminal cap rate assumptions of 8.5%–9% based on market comparables.

Location

Gaborone, the capital and economic hub of Botswana, offers a dynamic and stable environment for hospitality and commercial investment. Strategically located near key regional transport corridors and the South African border, the city provides excellent accessibility for both domestic and international travelers. Gaborone boasts modern infrastructure, a well-established business environment, and consistent economic growth driven by government, financial services, and regional trade. With a rising demand for quality accommodation and lifestyle offerings, Gaborone continues to attract both leisure and business visitors, making it a prime location for long-term property investment.

Situation

Eco City is nestled between the Botswana Telecommunications (BTC) Earth Station and the Gaborone International Commerce Park – an innovative business hub offering high-quality warehousing, office, and light industrial space. It benefits from its proximity to Botswana’s central business and logistics hubs, with direct access to key transport routes.

Description

PROPERTY DESCRIPTION

Eco City is a 43,000 m² master-planned precinct across multiple plots, combining the following uses:

Retail: Anchored by lifestyle and convenience-focused tenants
Hospitality: Planned upscale hotel
Residential: Mid- to high-end apartments with green space integration
Healthcare & Offices: Custom-designed for medical and professional services

Parking & Access Infrastructure: Already provisioned for phased growth

Contact Lead Agent

Fabio Nava

+27 (0) 82 585 2498

Fabio.Nava@cbreexcellerate.com

Contact Lead Agent

Fabio Nava

+27 (0) 82 585 2498

Fabio.Nava@cbreexcellerate.com

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Contacts

CBRE Excellerate

+27 (0) 11 911 8000

Fabio Nava

+27 (0) 82 585 2498

Fabio.Nava@cbreexcellerate.com

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Zoning and Title Deed Information

Fully zoned for mixed-use development
Freehold tenure with title held by RIC Developments (Botswana)

Rentable Areas

Planned GLA: ±43,000 m² (across hospitality, retail, and residential)
Phased development enables flexibility in capital deployment and asset leasing

Tenancy

Offered on a vacant possession basis or subject to new tenant engagements depending on the phase. The developer is open to pre-letting key components or joint venture structuring with institutional investors.

Property Expenses and Operating Costs

Operating costs to be finalised per asset class and stage of development. Forecasts and pro forma operating statements are available on request and vary depending on investor entry phase.

Sales Process

This property is being offered for sale through a Private Tender process under a Sole Marketing Mandate with CBRE-X online.

Interested parties can register on the CBRE-X online platform to access the Non-Disclosure Agreement (NDA).

To obtain full access to the Due Diligence information in the data room, an executed NDA is required, along with details about the entity and key individuals expressing interest in the property. This information may be provided through a link to your company website, a company profile, or brief resumes for the company and key individuals involved.

To submit an offer on the property, proof of funds or a comfort letter from a financial institution, indicating a favorable consideration for financing, must be provided. Interested parties are encouraged to submit their best offer as soon as possible.

Only parties that have submitted an NDA and the required information will be invited to view the property in the presence of the Agent or a representative of the Seller.

The Seller reserves the right to accept any offer but will instruct the Agent to notify all interested parties (who have signed an NDA and accessed the Due Diligence information) if an offer is under consideration.

The Agent will present all offers to the Seller and communicate acceptance to the successful bidder, while informing other parties of the outcome.

Offers will be evaluated based on the following criteria:
The price offered.
Demonstrated ability to perform, including proof of funds or a comfort letter.
The conditions attached to the offer and the timeline for concluding the transaction.

Disclaimer

The website provides information about properties but does not guarantee its accuracy. Users access the site at their own risk and should seek professional advice before making any decisions based on the information provided. Property descriptions are general and do not constitute an offer or contract. All details are believed to be correct but should be verified by users. The company and its employees do not make any representations or warranties regarding the properties. Prices quoted are exclusive of taxes. The information on the website may contain errors, omissions, or may change without notice. Users should conduct their own investigations before making any investment decisions. The information provided should not be considered financial or investment advice. Any information given by the company or the vendor is for illustration purposes only and does not constitute a representation, condition, or warranty. Users are responsible for conducting their own due diligence to verify the accuracy of the information provided.