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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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