Description

Wabe Island Background information • The property rights constitutes of a title deed of which the lessor is the Tawana Land board. The lease commenced from the 2nd of March 2009 and shall continue thereafter for fifty years (50) years. The property has water rights to draw 100,000 liters of water per day from the River” • The plot is located in Wabi island which is situated approximately 30km from Gumare and measures 12.2623 hectares and is currently zoned for horticulture. It is within proximity to Tsodilo Hills which are a world heritage site. Given the spatial location of the property there have been requests for sub-leasing a boat station on the property with proposed annual fee of P2,000,000.00 to be paid directly to the client (property owner). • The plot is imbued with a diverse range of tree and animal species which create a dominating aesthetically pleasing environment and natural ambience. The property has the potential to develop into a top tier luxury resort for domestic and foreign tourists. • A change of land use to lodge and campsite is a feasible development that will enhance the property value substantially.