In 2006 N/a’an ku sê Nature Investment introduced a new lodge investment concept to Namibia. The concept creates the opportunity for investors to buy to let a shareblock unit in the N/aán ku sê Lodge development. Investors may also utilize the unit for vacation purposes. The concept is exclusive as only 21 privately owned lodge units will be developed.
N/áan ku sê Lodge is conveniently nestled on the farm Frauenstein 277 in an 1800 ha game camp. This area is malaria-free. Access roads are mostly tarred with 20 km of well maintained gravel roads leading up to the farm. Although the farm is only 35 minutes drive from Windhoek there is a sense of remoteness.
When purchasing a share-block unit, the investor is required to pay a site-fee of N$ 900 000. The investor and project architect then designs the unit. After all legal documents are signed the appointed building contractor, will build the unit to specification under supervision of the project architect.
The balance of funds is paid according to a building schedule. Building costs including architect fees starts at about N$ 600 000 for a two bedroom unit, with decorating costs of about N$ 150 000. Total estimated investment required for a two bed-room unit is N$ 1 650 000 excluding share transfer fees.
When the unit is completed, the purchaser of a share block unit, after payment of share transfer and legal fees, receives a block of 100 N/aán kusê Nature Investment (Pty) Ltd. shares. The share block is linked to a use agreement that confers to the investor the net proceeds and exclusive use of the unit with exclusive access to the game camp. |