Unique Offer to get Involved in Property Development

It's all in the Past!

Qualifying

• You are not credit blacklisted on the ITC or credit bureaus – (you have a good credit record);
• You will be qualified on your Gross Income earned per month;
• You will either enjoy the property investment on your own or share in the profit by qualifying with the other investors;
• The profits are paid directly into your bank account by the Attorneys;
• You have a genuine interest to invest in property and willing to learn and apply for the building package;

Investor Benefit

• Depending on the size of the Property, you may earn a Profit on your own of R100,000 or even up to R200,000
• Sharing the Investment is also worth the while as you may earn a Profit of R30,000 or even R50,000 per transaction
• The beauty of this fantastic turnkey operation, endorsed by the banking sector, is that all this can be done with NO capital outlay on your part  
• Bond Originating Company, Wizard Fourways has been appointed to ensure that your applications are rendered to the Four Major Banks of South Africa. The stand is secured and the architectural style and layouts are confirmed. We build what the market needs; whether it is style, price or location!
• These factors are researched beforehand to ensure that the selling of the houses will be an easy and exciting process!
• Gated Security Estates are the focus of purchasing stands and incorporated with the Developments.

Design

• The properties are complete with beautiful finishes, e.g. granite tops, designed kitchen cupboards, fireplaces, entertainment area with built in braai;
• Electronic gate and automated double garage doors, paving, basic landscaping and swimming pools included;
• The architectural designs are complimenting to the Estates and the stand size and house size are determined by the need of the market research
• These properties offer everything that every buyer dreams of - and when buying early in the process the buyer can make the selection of finishes with the Interior Designer

The Professional Team

• Masterpiece Properties: Developer/Facilitator to Projects and all Divisions
• Developments Manager: Juanita du Plessis
• Interior Architect & Design: Tersia Erasmus
• Developments Assistant: Christel van Deventer
• Office Assistant / Receptionist: Leane Appelgryn
• Sales / Marketing Manager: Charmaine Bulow
• Building Manager & QS: Riaan Naude
• Site Project Manager: Chris Diedericks
• Sales Consultants: Refiloe Kekana, Corne Herbst, Teresa Jardim, Naledi Morule, Maji Masupyoe & Juanita du Plessis
• Bond Originator: Wizard Fourways, Tertius & Delia
• Building Contractors: Various NHBRC Accredited Building Contractors, strong in Capital as well as the value of excellence with regards to building quality
• Conveyancing Attorney: Amanda de Wet Attorneys
• Auditors: TAG Incorporated

The Application Process

1. Your application is submitted on your behalf by the Bond Originator to four of the major banks: An application at each is made for a building package.

2. Depending on how many of the financial institutions accept the applications; your approval for one to four building packages will then be processedyou will then have the option to build 4 houses to that value

3. Assuming your application at all the four banks was approved, you will then have the option to build 4 houses to that value

4. The building construction process takes 5-6 months, depending on the size of the property

5. The Builder and Masterpiece Properties are responsible to carry the interim interest and premiums of the stands, and payable to the banks. There is no payment from your side whatsoever!

6. The Interim Interest and Premiums is payable for 8 months from commencement of building works, to ensure enough time for selling the property as well as transfer into the new owners name.

7. Transfer of your property project will be done by the appointed Developers Attorneys, where after your profits will be paid directly to you.

8. The Stand as well as the complete house will be registered in your name or legal entitiy and be transferred into the new owners name after the sale.

9. From the time of application to the time of finding the right buyer and selling the property and submitting the contract of sale back to the bank, should take approximately 10 - 12 months. At that point, the excess between the Bank requirement after the sale and the retail property price is paid back to you per house. 

10. Municipality backlogs and SARS administration are out of our hands, but with the assistance of the Project Manager all projects are followed up and managed to drive the process. All these factors influences the timing, but our team manages all of this in our calculations.

11. A Final Statement will be provided to you from Accountants.

12. When your property development projects has been sold, the process can be repeated.

13. You will be required to be responsible for payment of all outstanding Capital Gains Tax and/or Income Tax on your sold property.

14. Specialist Accountants are on hand to assist, should you need guidance and where this is concerned.

Property Investments

Property as a medium of investment was and will always be one of the best ways in earning good profits. With this product you don't keep the property, but you are merely a financier of a development product, which in return pays you a good profit without the capital outlay or any hassles.