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What is TerraBox?
South Africa has huge untapped potential for tourism in its untamed natural beauty.
It is a high growth opportunity for those who can provide solutions within the context of South Africa with its unique challenges.
TerraBox is this solution:
Remoteness - TerraBox is mobile
Infrastructure - TerraBox is off-grid
Time - TerraBox is factory-made
Quality - TerraBox is professionally crafted
Cost - TerraBox is cost-engineered
Nature - TerraBox is connected to nature
Technology - TerraBox is a “smart” building
The Eco-Tourism Accommodation Solution
Why TerraBox?
The Eco-Tourism Accommodation Solution
TerraBox is the ideal solution for investors looking to capitalize on South Africa’s burgeoning eco-tourism market.
If you are a landowner that has a uniquely beautiful property that you want to leverage for additional income, but don’t want to deal with developing your own accommodation, then TerraBox may just be your answer.
Don’t have services on site? No problem, TerraBox is off-grid and is delivered with its own solar power, water tank and septic system.
Is your property too remote for quality contractors, and access to site too limited for conventional construction? We have you covered! TerraBox is manufactured off-site to a high standard and can be delivered to any location that can be reached with a crane-truck.
With TerraBox you save time, lower risk and increase your ROI because all the hard work has already been done, off-site, in a controlled environment by trained professional designers, quantity surveyors and fabricators.
Operational costs are also reduced with built-in smart technologies to monitor and control : access, power generation & use, security checks, internet connectivity, leak detection, weather data, etc.
Accommodation
TerraBox sizes, rooms & spaces
Your TerraBox is a compact 17m² self-contained unit that has been designed to target the short-stay, eco-tourist couple; Traveling light, jumping from location to location, taking in all that South Africa has to offer in terms of natural beauty.
Accommodation List:
Open plan living space (13m²)
Queen size bed with wall-to-wall operable picture window
Dining area with built-in seating, storage & counter top
Fitted kitchenette with cooking, beverage, cold storage, dish-washing & storage facilities
En-suite bathroom: (4m²)
Fully plumbed with cold & hot water and waste water drainage
Vanity with wash basin & mirror, flush toilet & glazed indoor shower
Suspended timber deck patio (12m²) with operable shade canopy
Outdoor shower (2m²) with timber deck floor & privacy screen
Specifications
TerraBox finishes, services & technology
TerraBox features stylish, high quality finishes, fittings & systems, inside and out, assembled into a durable, eco-friendly, energy efficient whole.
Exterior finishes:
Cladding - Durable, through-coloured, fibre-cement facade panels
Decking - Durable, eco-friendly composite decking
Doors & Windows - High quality, powdercoated aluminium with low-e coated double glazing
Interior finishes:
Joinery - Premium laminate fabricated cabinets & engineered stone counter tops
Floors - Luxury vinyl wood-look tiles & porcelain ceramic tiles
Walls - Insulated drywall, skim-coated and painted; Tiled in bathroom
Doors - Oak veneer, stained
Shower enclosure - Frame-less toughened glass
Sanitary fittings - High quality, water-wise fittings
Lighting - Energy efficient LED fittings
Electrical appliances - Energy efficient cook-top, fridge, microwave, coffee maker & toaster
Building systems:
Electricity - Photo-voltaic panels, off-grid inverter & lithium-ion battery storage
Water - 250lt water tank with filtration & energy efficient booster pump
Sewerage - Septic tank with sub-soil soak-away system
Automation & Security (optional) - Remotely monitor and/or control inverter performance, security cameras, alarm system and access control (requires a working internet connection)
Projected ROI
Unlocking latent property value with TerraBox
Estimated Initial Investment Cost: R 255 000* (17m² x R15 000/m²)
Rental Income : R 140 000 per annum (30% occupancy @ R 1 280 per night)
Operating Expenses: R24 825 per annum (breakdown below)
Utilities: Free
Insurance: (1.5% of Initial Cost) R 3 825 per annum
Maintenance and Repairs: (10% of rental) R 14 000 per annum
Property Management Fees: (5% of rental) R 7 000 per annum
Amortization: R 32 000 per annum (paid over 30 years @ 12% interest)
Projected profit : R83 175 per annum (R140 000 - (R24 825 + R32 000)
Return on Investment achieved in : ~3 years (R255 000 / R83 175)
*All values shown above are our best estimate, and will differ based on unit specification, final pricing, site conditions, destination appeal & market demand.
Pricing
We are currently in the process of developing definitive pricing for TerraBox.
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