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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

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Hermanus

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  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

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