SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment

Page created by Chris Barnes
 
CONTINUE READING
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
STELLENBOSCH

                              Earn a 100% tax
                             break with the low
                              risk, high reward
                               Flyt Partnership
                                     Fund.

   50
 SHARES
AVAILABLE

 5% DEPOSIT
 PRIME LOCATIONS
 FULLY MANAGED
 LOW CAPITAL RISK
 MIN 5 YEAR INVESTMENT
 SECTION 12J INVESTMENT
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
INVESTMENT OVERVIEW
    Projected Capital Growth                          5% Pa
    Risk Rating                                       Low Risk
    Hotel Operator                                    Wink Aparthotels
    Minimum Investment                                R1 000 000 per share
    Shares Available                                  50
    Deposit Amount                                    5% (95% Finance available)
    Maximum Investment (Individual/Trust) R2,500,000
    Maximum Investment (Company)                      R5,000,000
    12J VCC Entity                                    Anuva Investments Limited VCC-0008
    FSCA Approved Fund                                FSP 45663
    Exit Term                                         After 5 Years (Optional)

    * Flyt Partnership Fund comprises 35 aparthotel units accross Eaton Square and Quiver Tree Apartments

    WHAT IS A SECTION 12J INVESTMENT?
    This SARS investment incentive managed in terms of Section 12J of the Income Tax Act enables investors to
    deduct 100% of their investments (purchase of shares) in a registered Section 12J Venture Capital Company
    (VCC), against their taxable income for Income Tax purposes.

    The Flyt Partnership Fund is a registered Financial Services Provider (FSP) and registered SARS VCC (VCC
    008).

    12J COMPLIANT?
    As serviced, short-letting enterprises, Eaton Square and Quiver Tree Apartments are Section 12J
    compliant. Although the investor will not be purchasing a physical property, the shares grant the holder
    access to all the benefits of property ownership. After 5 years, the shareholder has the option to stay in
    the fund or sell their shares.

    PARTNERSHIP PROCESS
                                                        Anuva                  Special
                                You pay
                                                       Property                Purpose                 50:50
        INVESTOR                  5%
                                                         fund                  Vehicle              Partnership
                                Deposit
                                                        (VCC)                   (SPV)

     Invests in a R1m         Get up to 95%        Your investment        Anuva invests funds     Flyt manages all
      share in Anuva         funding for your        into Anuva,            into the holding      elements of the
       Investments.         1M share (settled       reduces your            company, equal        property, making
                              using your tax).     taxable income,         shares being held       this investment
                                                   giving you a tax       by Flyt and investor.      hassle free.
                                                        break.
2
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
INVEST IN EATON SQUARE
AND QUIVER TREE
Flyt Property Investment is giving you an exclusive opportunity to invest
in the Eaton Square and Quiver Tree Apartments through the Flyt
Partnership Fund, with just 50 shares available at R1m each.

The Flyt Partnership Fund is a unique low risk, high reward property fund launched by Flyt Property
Investment in partnership with Anuva Investments Limited. This is an innovative Section 12J opportunity
that allows you to secure a 100% tax saving via a Section 12J structure.

How Flyt becomes your partner in a private property investment holding
company:
• There are 50 shares available at R1m each.
• You can invest individually or as a group with a minimum investment of at least one share and
  minimum investment per individual of R500k.
• Each share purchased reduces your taxable income by R1m. As your income reduces, so does your
  tax, saving you up to R450k per share depending on your tax profile.
• At the end of the 5-year holding period, profits are shared 50:50 between investors and Flyt

Funding options:

Flyt provides 65% funding
• The investor invests R350k from their own funds and signs a short-term loan agreement for R650k
  with Flyt.
• The total Section 12J investment will be equal to R1m, allowing a R1m tax deduction.
• Flyt then raises a bond on the property for R650k, which is used to repay the investor’s short term
  loan.
• Investors are not required to stand surety on this loan.
• Rental income is used to service the above bond.
• Any potential cash flow shortfalls or working capital requirements of the holding company are also
  financed by Flyt (investors are not required to contribute any further cash).

Flyt provides 95% funding
• Investors who are unable to fund their full 35% can put down 5% and then apply to loan the 30%
  portion via an additional short-term Flyt Loan, which is then repaid once they have received their tax
  refund.
• This additional 30% loan is subject to a tax and affordability assessment to ensure that the investor’s
  tax refund is sufficient to repay the loan.

Exit Strategy
Following the initial 5 year holding period, the investor may elect to:
1. Retain their investment in the holding company and receive dividends.
2. Sell their shares.

                                                                                                            3
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
THE NEW WAY TO STAY
                                                                               FEATURES
                                                                               LOUNGE & KITCHEN
                                                                               Expansive Windows
                                                                               Generous Balcony, Patio or Juliette Balcony
                                                                               Contemporary Kitchen Cabinetry with
                                                                               Engineered Stone Countertops and
                                                                               Backsplash
                                                                               Built-in Electric Oven & Hob with Extractor
                                                                               Fan

    INSIDE QUIVERTREE                                                          Hansgrohe Taps
                                                                               Additional Plumbing Point (Dishwasher/
                                                                               Washing Machine)
    Offering the best of both worlds – a sense of small-town
                                                                               BATHROOMS & BEDROOMS
    community and urban convenience.                                           Beautiful Grohe Bau & Franke Fixtures
                                                                               Extractor Fan
    Quiver Tree in Stellenbosch’s 102 sectional title units consist of         Built-in Bedroom Cupboards
    75 studio and 27 two-bedroom apartments. All units are tastefully
                                                                               FLOORING
    furnished and ergonomically-designed, featuring modern open-plan
                                                                               Balconies - Ceramic/Porcelain Tiles
    kitchens with stainless steel fittings and appliances, electric hobs and   Bathrooms - Ceramic/Porcelain Tiles
    ovens and quality flooring. The spacious studios are 31 sqm. A two-        Living Area - Luxury Vinyl
    bedroom unit is 50sqm and all units are allocated one parking bay.
    The apartment block is sustainably-focussed, featuring solar roof          PARKING
    installation, energy efficient heat pumps and a borehole filtration        Exclusive-use parking bay (1 per apartment) -
                                                                               additional parking bay available to purchase
    system.
                                                                               LIGHTING
                                                                               Ceiling-mounted LED Downlights (lamps)

                                                                               PET-FRIENDLY
                                                                               Only small breeds (Eaton Square)

                                                                               FEATURES & ON-SITE FACILITIES
                                                                               Private Dining Area (shared)
                                                                               Laundry Services
                                                                               Outdoor Entertainment Area with compact
                                                                               Kitchen (shared)
                                                                               Coffee Shop
                                                                               Bookable Braai Areas
    INSIDE EATON SQUARE                                                        Co-Working Spaces
                                                                               Outdoor Fitness Area

    A contemporary living space in the leafy suburbs of the                    SUSTAINABILITY & INNOVATION
    Cape Peninsula.                                                            Solar Roof Installation
                                                                               Borehole Filtration System
                                                                               Energy-Efficient Heat Pumps
    Eaton Square in Diep River comprises a mix of 66 one- and two-
    bedroom boutique and serviced apartments. The property is                  ELECTRONIC SYSTEMS
    tailored to a convenient, affordable lifestyle while still offering its    CCTV Surveillance
    guests an unparalleled living environment. Apartments are between          Secure Access Control
                                                                               TV Outlet Box
    48 and 64 m², with ample floor areas, contemporary kitchens and
                                                                               DSTV
    quality appliances, and have either a Juliette balcony, full balcony or    WiFi – Fibre-ready
    terrace.                                                                   Aircon

4
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
THE FUTURE OF HOSPITALITY
Experiences, memories and flexibility are deciding factors for modern travellers booking their
next adventure.

Eaton Square & Quiver Tree Apartments are under the management of Wink Aparthotels and provide travellers
with the convenience of apartment living and the comfort and luxury of a hotel.

As a hospitality subsidiary of the successful Flyt Property Group in South Africa, Wink Aparthotels is positioned to
deal with local and international affairs by keeping their finger on the pulse of both the hospitality and property
investment sectors.

Investor Benefits:
• 14 days own use per year (out of season)
• 30% discount at all Aparthotels in the Flyt Group
*Terms and conditions apply.

Flyt’s forward-thinking approach gives their investors a hands-off investment with real returns.

                                                                                                                       5
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
PERFECTLY SITUATED
    Both Quiver Tree in Stellenbosch and Eaton Square in Diep River have been carefully selected
    for their close proximity to schools, shopping centres, services and lifestyle amenities,
    effortlessly catering for both work and play.

    CLOSE TO QUIVERTREE                             CLOSE TO EATON SQUARE
    SERVICES                                        SERVICES
    Spescare Stellenbosch – 0,5km                   Peninsula Vet Hospital - 600 m
    Mediclinic Stellenbosch – 4km                   SAPS Diep River - 750 m
    Stellenbosch Animal Hospital -1km               Mediclinic Constantiaberg - l.7 km
    Virgin Active Stellenbosch – 1,5km              Melamed Takai Private Hospital - 3.4 km
    Technopark – 6,3km
                                                    SCHOOLS/ UNIVERSITIES
    SCHOOLS/UNIVERSITIES                            Westcott Primary School - 350 m
    Paul Roos Gymnasium – 2,3km                     Bergvliet Primary School - l.3 km
    Rhenish High School – 2,4km                     Herzlia Primary School - l.6 km
    Rhenish Primary School – 2,7km                  Meadowridge Public Library - l.7 km
    Stellenbosch University – 1,2km                 Bergvliet High School - l.8 km
                                                    Constantia Waldorf - 3.4 km
    SHOPPING                                        University of Cape Town - 14 km
    Stelmark Shopping Centre -0,75km
    Eikestad Mall – 1,6km                           SHOPPING
    Stellenbosch Neelsie – 1,7km                    Meadowridge Park & Shopping Centre – 1.7 km
    Kwikspar Paul Roos – 2,1km                      Constantia Village – 3.2 km
                                                    Food Lover’s Market – 3.5 km
    WINE FARMS                                      Blue Route Mall – 3.7 km
    Glenelly Estate – 2,8km                         Cavendish Square – 9.1 km
    Blaauwklippen Wine Estate – 5,7km
    Klein Zalze Wine Estate – 6,4km                 WINE FARMS
    Tokara Wine Estate – 7,3km                      Buitenverwachting - 5.3 km
    Kanonkop Wine Estate – 9,4km                    Klein Constantia Estate - 6.1 km
    Warwick Wine Estate – 11km                      Constantia Glen - 6.5 km

6
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
FLYT PROPERTY INVESTMENT
Flyt is a Cape Town-based property development and investment team committed to finding opportunities that
challenge the status quo. With a proven track record since 2011 across all property sectors, Flyt is dedicated to
shaping the landscape, elevating the city, and partnering businesses for progress while setting the benchmarks of
tomorrow.

ANUVA INVESTMENTS
Anuva (Flyt’s 12J Partner) is regulated by the Financial Sector Conduct Authority and is registered with the South
African Revenue Services as a ‘Venture Capital Company’ in terms of Section 12J of the Income Tax Act. With
some of the best minds in the business on board, Anuva is dedicated to creating prosperity for investors and
entrepreneurs. The company does this through enabling tax payers to take advantage of the government’s
generous 12J tax break by investing in South Africa’s promising entrepreneurs and businesses.

MADE BY SEB
Sebastian van Greunen is earning a reputation in the South African architectural design industry as somewhat of
a specialist ‘out-of-the-box’ thinker. His affinity for commercial and multi-storey developments has taken him as
far as Australia and Malta, where he worked as a design partner on various international projects. Recognising
opportunities and adding his design flair is one of his strengths and he has happily partnered with the Flyt team
to continue the work in the field that he is passionate about.

                                                                                                                     7
SHARES AVAILABLE 50 5% DEPOSIT PRIME LOCATIONS FULLY MANAGED LOW CAPITAL RISK MIN 5 YEAR INVESTMENT SECTION 12J INVESTMENT - Flyt Property Investment
Take advantage of this
unique opportunity to
 invest in sought-after
    suburban hubs.

        Darryn van der Poel:
       (T) +27 (0)83 258 6316
   (E) darryn@flytproperty.co.za

         Justin van der Poel:
      (T) +27 (0)76 095 2848
   (E) justin@flytproperty.co.za

      www.flytproperty.co.za
You can also read