Property Opportunity 1

Sunday 05th of February 2012

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	3 B Pepper Place Rainbow Business Park 2 Papers Close Montague Gardens
	Cape Town
	South Africa

	0861 GENRAD (436 726)
	+27 21 528 8167/8
	086 517 4051
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Project 1 - Enquire about this project

GENRAND

Prime Property Secured Project

Gauteng
Launched in June 2009
2000 Units - > 140 presales totalling R 25m
End user bonds granted for R 7.6m
R 90m Mother bond registered

Only R14m drawn
Valuation of unimproved land - R 50m
Thus equity remaining of R 36m

Private equity of Role Players - R 19m
Experienced developers - 27 successfully completed projects to date
Reason for quick sales - Outstanding characteristics

Distinguishing Features:

High Density, mixed use development
Life style oriented
Aimed at the young and hip market
Community center facilities

Basketball court
Gym
Jogging Trail
Creche
Storage Facilities
Primary Health Care Facilities
Supper Market
Hairdresser
Hardware store
Laundrette
State of the art Security Systems

French based urban planer
Trendy buildings

Interim capital required:

R 5 - 7m (Term 6 to 12 Months - Monthly Re-payments)
(Investments in smaller fractions possible)

Repayment possible from (amongst others):

Draws on mother bond
Proceeds from end user bonds

Enquire about this project

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