[Image: Bass Property Group]
It’s not every day that a nature reserve hits the market, but one near Kei Mouth in the Eastern Cape is up for grabs for a cool R145 mil. The agents, Bass Property Group, are describing the listing as a rare opportunity to acquire a protected reserve of significant scale (that would be 13 000 hectares) near the popular seaside town.
Tyityaba Nature Reserve is located about 18 kilometres inland from Kei Mouth and 94 kilometres from KuGompo City, and has been under formal protection since 2016. Not only does it present as a conservation asset but also an investment opportunity, so the lucky buyer gets the best of both.
This area is becoming a popular semigration hotspot among those who are looking beyond major urban centres in search of a quieter, lifestyle-driven location. And it’s not just the locals but international buyers who are interested in these areas.
KZN and the Eastern Cape have experienced a spike in demand due to the expensive and competitive Western Cape market, as other provinces offer more value for money.
“Tyityaba Nature Reserve represents a significant and highly strategic landholding, brought to market at a scale rarely seen in South Africa,” said co-founder of Bass Property Group, Hanlie Bassingthwaighte. “Beyond its immediate value as a large-scale hunting and conservation asset, its defining strength is structural flexibility.”
It has 26 portions across five titles, making it ideal as a single-owner reserve or a multi-owner conservation development.
The landscape consists of bushveld and riverine habitats, and the reserve is home to a wide range of wildlife, including buffalo, giraffe, zebra, blue wildebeest, kudu, eland, impala and nyala, along with abundant birdlife.
Of course, the established infrastructure is also included in the price, which includes a central lodge with eight en-suite bedrooms and spacious entertainment areas. The reserve is partially used for hunting, which is in line with sustainable wildlife management practices, which could provide an additional revenue stream for the buyer.
“Opportunities of this scale, with this level of natural integrity and structural optionality, are exceptionally rare,” said co-founder of Bass Property Group, Joshua Bassingthwaighte. “We are seeing increasing interest from international buyers seeking large, meaningful landholdings in Africa, and Tyityaba Nature Reserve speaks directly to that market.”
So, if you have ever wanted a country retreat where you are surrounded by wildlife and just a few minutes from the beach, the time is now.
[Source: BusinessTech]
Helen Wallace
www.2oceansvibe.com
