Pepper Club The Hottest Address in Cape Town
The Investment Consists of: • An apartment (Sectional Title Ownership) • A furniture pack by a leading hotel designer, • A rental pool operated by experienced hotel operators, Gatsby International Hotels (Lanzerac Hotel & Spa, Stellenbosch) – www. gatsby. co. za 1
Mortgage Finance Investors are offered: • Guaranteed interest rate of up to PRIME MINUS 5% • Equates to 10. 5% pa • For 24 months • On up to a 90% Mortgage Bond 2
Payment terms • Apartment & Parking Bay – 5% deposit : 7 days from signature – 10% deposit: 90 days from signature – Balance of purchase price on Transfer • Note: Investors also purchase a standard furniture pack (not financed by the banks) priced from R 120 000 3
Projected Revenue • 12% for the first year of operation (Dec 2009 to Dec 2010) increasing by 10% pa Or • guaranteed 8% pa - for 2 years 4
Taxation - Allowances • UDZ Allowance – 55% of unit cost – 11% in the first year – then 4. 4% for 10 years • Depreciation Allowance – 20% pa on the cost of the Furniture pack • Tax Deductable Interest – Interest payable on all funds borrowed to finance the investment is tax deductable • Assessed Tax Losses – Tax Losses may be set off against any other taxable income or may be carried forward to following tax periods 5
Taxation – Based on R 1 m Investment plus R 150 000 Furniture Pack • • • Projected Net Rental UDZ Dep. Year 1 138, 000 (110, 000) (30, 000) Year 2 151, 800 ( 44, 000) (30, 000) Year 3 166, 980 (44, 000) (30, 000) Year 4 183, 678 (44, 000) (30, 000) Year 5 202, 046 (44, 000) (30, 000) • Total 6 85% Mortgage Total Tax Interest Allowance (89, 250) (229, 250) (89, 250) (163, 250) 842, 504 (286, 000) (150, 000) (446, 250) (882, 250)
Total Return – 85% Mortgage • • • Net Capital Total Return on Income Appreciation Return Investment After Mortgage Interest R R R Year 1 48, 750 115, 000 163, 750 54. 583% p. a. Year 2 62, 550 126, 500 188, 050 62. 683% p. a. Year 3 77, 730 139, 150 216, 880 72. 293% p. a. Year 4 94, 428 153, 065 247, 493 82. 498% p. a. Year 5 112, 796 168, 372 281, 168 93. 723% p. a. Average Total 396, 254 7 702, 087 1, 097, 341 73. 156% p. a.
INVESTOR – 85% LOAN • Projected Income, Tax Free to Year 5 • Projected period to repay loan only out of projected income In year 6 8
30 Days Free Usage • An Investor may occupy his apartment for 30 days each year, free of rental. 9
Pepper Club The Hottest Address in Cape Town Only the contents of Agreements signed by the parties may be relied upon. All other representations, written or verbal, are not warranted
Скачать презентацию Pepper Club The Hottest Address in Cape Town
3cfd2b8f40f59280bb58c35169049c58.ppt