Here is an unique opportunity to own a share in a Private Game Lodge on a 5 500 ha farm in the Northern Tuli that forms part of Mapungubwe. The Northern Tuli Game Reserve (Notugre) consists of approximately 72,000 hectares. The land is divided into a number of farms which are privately owned. Of significant importance to the investor is that most land in Botswana is lease hold but the farms in the Tuli Block are free hold and make up a large percentage of the total free hold land in Botswana.
The farms are individually owned and managed but the key to the success of Notugre is that there
are no fences between the farms and all land owners are focused on Game Farms / Reserves /
Lodges and not on cattle or cultivation. This allows the free movement of game, creating an area
large enough to sustain viable populations of species of game naturally occurring in the area
including impala, wildebeest, kudu, eland, zebra, steenbok, duiker, waterbuck, elephant, lion,
leopard, hyena, jackal wild dog and cheetah to mention just a few of the species found here. The
reserve also has a huge diversity of trees, plants, insects and over 350 species of birds for the nature
lover. The reserve is situated in the cross over zone of eastern and western subspecies of birds,
animals and insects as well as various flora, and for this reason you have a much greater diversity
where most places would only have the subspecies found in either the east or the west.
Whilst the farms are privately owned and managed separately to each other, most of the land
owners are members of the Northern Tuli Game Reserve Association. The purpose of this
Association is to facilitate the working together of the land owners for the combined goal of
conservation. The Association handles aspects of the management such as game counts, certain
anti-poaching activities and the liaison and facilitation between the TFCA officials, government and
the land owners. While land owners are free to introduce game should they wish to do so, the
Association has also facilitated certain re-introduction programmes such as the Cape Hunting Dog
or Wild Dog – a critically endangered species. Member farms pay an annual levy to the Association
based on the size of their land. This money is used to fund the operations of the Association.The farm is roughly triangular shaped. The Majali River creates the North West to South East boundary of the farm. This river is truly impressive to see when in flood and holds pools of water all year round ensuring good game viewing no matter what the season. There are also various other rivers and springs on the farm which hold water year-round.Spectacular view spots can be found scattered around the farm. These view spots make for memorable ‘sun downer drinks’. There is also a tree platform at one of the permanent water holes where you can relax while the game comes to drink or for the more adventurous, you can sleep out on the platform to experience the nocturnal activities of the bush and game viewing. Sleeping out on the platform, especially during full moon has yielded sightings of elephants wallowing in the mud,
leopard and cub drinking, ant bears searching for termites, hyena’s hunting a kudu and many more
wonderful sightings. This farm owns a share in the adjacent farm allowing shareholders a further 4,000 hectares on which to traverse. This farm also has spectacular viewpoints and riverine areas.

There are 25 equal shares in the farm and the lodge and farm is for the exclusive use of the
shareholders and their guests only. There are no commercial operations and this is not a timeshare.
Shareholders are entitled to visit the farm as often as they like and there has never been a problem
with a shortage of accommodation. The lodge has an occupation of approximately only 30% per
annum. The shares can be held by an individual or their respective company or trust. Each share
must have a nominated user which needs to be a natural person to prevent misuse. The only
limitation is that shareholders may not bring a group of more than 10 people other than by special
permission for a special function.

There is currently a share available at a price of GBP 320,000.00 (Three Hundred and Sixty
Thousand British Pounds). The last share traded in February 2017 for GBP 350,000.00.
This value is determined by a number of factors including, but not limited to, the values of the land,
lodge buildings, sundry assets such as vehicles, company investment and return on investment,
traversing rights and access to airfields as well as the overall management of the farm.

Security / Risk on the Land

The land is unencumbered and thus there is no risk in investing. The share will be transferred into
your name or holding institution, company, trust, etc at the time of payment. The land is not to be
used as any sort of surety and no bonds will be registered over the land. Therefore there is no risk
in the investment and once you have paid, you will have a tradable asset should you wish to on-sell
at any time.

Funding

The lodge and farm operations are funded partially through income from the farm’s investments
and partially by shareholders monthly levies. The levy amount depends largely on the performance
of the investment in the previous year.

Management

The farm has a manager residing at the farm. The manager reports to the Executive Committee (Exco)
which is made up of shareholders appointed by vote at the AGM each year.

Conclusion

For any nature and outdoors enthusiast, this reserve is a unique slice of heaven on earth. The
remoteness and wildness mixed with the exclusivity and comfort of the lodge cannot be
adequately described in words. To lie in bed at night and hear the roar of a lion not 10m from
your room or to sit on the deck enjoying dinner while the Hyena whoop in the distance. To
explore untouched areas of the bushveld on foot or to enjoy a game drive on your personal
game drive vehicle. To be free and to be at peace. It has to be experienced to be truly
appreciated. If this is the lifestyle that interests you, you will not be disappointed.

Please note that there is a fee for visiting this farm which will be refunded if a successful sale is done.

The purchase price is determined in GBP which will be converted to rands on the actual date of sale.

Various free roaming game can be frequently spotted including African Wild Dog, Baboon, Black-backed Jackal, Blue Wildebeest, Brown hyena, Bushbuck, Bushpig, Cheetah, Common Duiker, Crocodile, Eland, Elephant, Giraffe, Hippo, Impala, Klipspringer, Kudu, Leopard, Lion, Spotted Hyena, Steenbok, Warthog, Waterbuck and Zebra , etc.

Tree life is absolutely stunning with some of the following trees: Apple Leaf (Appelblaar), Baobab (Kremetart), Brandy Bush (Rosyntjiebos), Buffalo Thorn (Blinkblaar-wag-\'n-bietjie), Knob Thorn (Knoppiesdoring), Leadwood (Hardekool), Marula (Maroela), Mopane (Mopanie), Red Bushwillow (Rooibos), Shepherd's Tree (Witgat), Sickle Bush (Sekelbos), Tamboti (tambotie), Umbrella Thorn (Haak-en-Steek), Weeping Boer-Bean (huilboerboon) and White Seringa (witsering) .

There are no land claims registered against this property nor any rural areas nearby.