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

• Draws on mother bond
• Proceeds from end user bonds