Equity Investor Opportunity In A Retirement Village For Sale

Business description

A high demand in this radically undersupplied industry in a growing market. Most, fully established, retirement villages in the country have long waiting lists and those under construction are struggling to keep up with demand. The current developers have spent many years and a substantial amount of money on the research and planning of this project . All the initial design and development has been done and the requirements met, to provide a product ideally suited to the market, at the right price and which will also ensure an excellent return on investment. 50% shares are on offer for R26m to earn an expected 25% pa return and capital growth projected at 335% over the next 3 years. Detailed planning information and cash flow projections available to qualified investors.

Property information

Real Estate:

Real Property Included

Location:

Thriving and well known town along the picturesque garden route. Ideal for those retirees looking to settle at the coast with many facilities in close proximity.

Premises details:

Land secured and unencumbered, show house and security in place. Plans and artists impression details available

Planning consent:

All planning consent and legal requirements in place.

Business Operation

Expansion potential:

Research shows that the average occupancy in a retirement village is 10-12 years. in the long term this means that at today’s prices, once all the homes are built and occupied, over a 10 year period, home resales could earn sales commissions of R28.5m and another R141.5m in ‘life right’ recovery. Of course these figures are highly understated as history shows that due to ever increasing demand increased building costs and property values inflation over a 10 period, the figures could be doubled at least once or twice. 6 years Cash Flow projections available on request.