Presentation is loading. Please wait.

Presentation is loading. Please wait.

Overview  Develop a Retirement Village of 180+ units  Life Rights Basis – Sunset Bay Trading Hermanus the owners of the Property.

Similar presentations


Presentation on theme: "Overview  Develop a Retirement Village of 180+ units  Life Rights Basis – Sunset Bay Trading Hermanus the owners of the Property."— Presentation transcript:

1

2 Overview  Develop a Retirement Village of 180+ units  Life Rights Basis – Sunset Bay Trading Hermanus the owners of the Property

3 Overview  What is Life Rights?  The Right to use until death  Pay a Capital Sum for this Rights upfront  Proceeds to Development Company  User-occupation for the remainder of his/her life

4 At Death or Vacating…  The Developer Sells the Rights to a New User  50% of the Proceeds are retained in the Company after Expenses  50% of the Proceeds are Paid out to the Estate – after Expenses

5  Effective date of Transferring of Shares  Phase One ~ SOLD

6 Cash Flow Projections Examples Over 18 years

7 Multi Projects Investments Provides:  Design  Layout  Costing  Plans  Approvals from local government  Marketing and Sales  Construction  Management Services during and after completion  Legal Services assistance Sunset Bay Current Owner Responsibilities  Provide the Land Unencumbered 1. 2.

8  Effective date of Transferring of Shares  Phase One ~ SOLD  Medical Services to be Provided by Existing Facilities in Hermanus

9 Directors  Thys Van Rooyen  Niel Mynhardt

10 Questions? Multi Projects Investments (Pty) Ltd Multi Projects House Fairways Office Park Somerset West, 7130 Tel: +27 (0)21 850 9620 Email: charlesn@multiprojects.com


Download ppt "Overview  Develop a Retirement Village of 180+ units  Life Rights Basis – Sunset Bay Trading Hermanus the owners of the Property."

Similar presentations


Ads by Google