1 ha Farm in Modimole (Nylstroom)

10% Shared Ownership Lodge

10% Shared Ownership Lodge.

Here we have completed the stunning Berg andamp Bosch Lodge lodge for shared ownership. With handmade finishes and furnishings and a host of materials sourced on Boschhoek complemented by premium appliances, it epitomizes rustic luxury in a bush retreat. Designed to accommodate two families, the choice is yours whether to buy a 10% share at R350 000 or to bring friends to share your share at R175 000 per family. It consists of three parts. The first is a living area (lounge, dining, kitchen, scullery) and boma perched above the view.

The second and third elements are two identical 6 bed chalets tucked away amongst the trees. These include two bedrooms, each with its own bathroom, a covered patio and a coffee kitchenette.

Inasfar as the modus operandi is concerned, the furnished lodge together with its stand is owned by a company with 10 shareholders. The lodge is yours to use every 10th week (i.e. just more than 2 months interval) for a week with an annual forward shift, and shareholders can exchange weeks amongst themselves or arrange for joint usage as the chalets are self sufficient.

The shareholders each contribute an amount to provide for the Boschhoek levy, insurance, maintenance and municipal property tax for the property in question. This is currently determined at R830 per shareholder per month or R415 per month in the event of a joint purchase. Ane and her team are available to service the lodge (dishes, bedding, etc). For this every shareholder pays according to his usage on departure only, or daily if you wish.

The principle is to limit running and servicing costs to the actual minimum, and not to profit from these as often happens.

Should you ever need to move on, a shareholder is free to sell his share.