1 / 10

Hermanus

Hermanus. Retirement Village. Overview. Develop a Retirement Village of 180+ units Life Rights Basis – Sunset Bay Trading Hermanus the owners of the Property. Overview. What is Life Rights? The Right to use until death Pay a Capital Sum for this Rights upfront

blenda
Download Presentation

Hermanus

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Hermanus Retirement Village

  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. Hermanus Retirement Village • 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 At Death or Vacating…

  5. Hermanus Retirement Village • Effective date of Transferring of Shares • Phase One ~ SOLD

  6. Hermanus Retirement Village Cash Flow Projections Examples Over 18 years

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

  8. Hermanus Retirement Village • Medical Services to be Provided by Existing Facilities in Hermanus • Effective date of Transferring of Shares • Phase One ~ SOLD

  9. Directors Hermanus Retirement Village • Thys Van Rooyen • Niel Mynhardt

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

More Related