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Big bucks for game farming in the Eastern Cape

02 May 2006

The Eastern Cape is fast becoming a premier hunting and tourism destination with foreigners and locals buying up game farms in the area to capitalise on a billion rand industry.

Malcolm Rutherford of Sotheby's International Realty says, "According to the Professional Hunters Association of South African, 7000 foreign hunters came to the Eastern Cape last year alone. In total they spent around R1 billion, a figure which includes everything from accommodation to licensing, animals and taxidermy. Professional hunting has helped to create jobs for over 70 000 South Africans."

The Eastern Cape, which is malaria free, provides the correct climate, rainfall and fertile soil to facilitate an array of farming – the area produces 40% of all SA lemons. If you buy intelligently, agriculture, as well as game, can provide excellent return on investment. Prices vary depending on whether one is purchasing an established, 'going concern' which will obviously fetch a higher price as apposed to untilled land.

"Carnarvon Estate is currently on the market for R42 million. This 5 500 hectare farm supplies water to the town of Sterkstroom, has its own forest, abattoir and plantations. Human and ecological history stand along side one another on Carnarvon which has been in the Halse family for five generations. It contains a manor house dating back to 1882 and Oaks, Elms and Poplars of over 100 years old.

"Carnarvon it is an excellent hunting destination, with over 2 500 head of game, and boasts more Roland Ward entries than any other single property. It was also recently proclaimed a natural heritage site in light of its pristine condition. This farm is essentially a number of different businesses, any of which is very attractive to a prospective buyer.

"The beauty of the Eastern Cape is that the land is still relatively untouched. In addition to established agricultural areas, it provides a beautiful landscape teeming with natural wildlife".

For more information on agricultural property matters, visit www.agritv.co.za.

Big bucks for game farming in the Eastern Cape

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