100 % investme nt brochu re - YUCO
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INVEST NOW from R659 000 (Incl vat)* YUCO w r a millennial lifestyle at a competitive price. Choosing one of our fully furnished co-living units will be able investment with good returns. Your investment in YUCO is 100% tax deductible if you choose to invest via the SARS and FSB approved Section 12J Investment Fund (Anuva Investments Limited) *Price incl conveyancing cost & excl bond registration cost
INTRODUCTION YUCO Tygervalley, is a purpose built co-living project situated within the Galleria Mixed Use Development in the expanding Northern Suburbs of Cape Town. Co-living, as a relatively new asset class in the South African Real Estate sector, offers an unique living experience to residents and an exciting investment opportunity for investors, offering potential higher returns due to the higher density construction, and more efficient design of living spaces. Residents enjoy lower cost of living that suit their lifestyle within a vibrant and inclusive community. Through extensive research, YUCO Tygervalley was identified as an ideal location within the Cape Metropole for this niche concept. YUCO Tygervalley will provide a platform for the establishment of this brand and expansion to other urban nodes to meet the demand for the global growing co-living trend.
FEATURES 380 contemporary co-living units. Ergonomically designed by Osmond Lange Architects with ample floor areas, contemporary communal kitchens and quality finishes and appliances. 24-hour security & CCTV Surveilance, Exciting communal spaces include: secure access control. Convenience shop Fast and secure uncapped Wi-Fi. Cofee shop Bar & play area Secure basement parking. Co-working and study spaces Communal kitchens Bookable braai areas Entertainment areas Swimming pool Volleyball court Indoor gym Outdoor fitness area/gym
LOCATION SITUATED AT TYGERVALLEY BELLVILLE | CAPE TOWN 1 PERFECT LOCATION 1 Tygervalley Shopping Centre, Tyger Waterfront & Willowbridge mall is within walking distance. Centrally located with quick access to Cape Town and winelands tourist attractions. Cape Town International Airport 14,4 km, 22 mins Easy access to shopping centres, Cape Town CBD 24,1 km, 22 mins restaurants, theatres, schools, hospitals, V&A Waterfront 24,5 km, 23 mins public transport, food markets and bars. Cape Town Stadium 25,6 km, 24 mins Hiking, biking and jogging trails on your Sahara Park Newlands 28,1 km, 25 mins doorstep. Table Mountain 29,1 km, 30 mins Camps Bay Beach 29,7 km, 31 mins Close to Durbanville wine route. Stellenbosch 33,1 km, 28 mins Close to colleges and universities.
BUY TO INVEST YUCO is an excellent property investment in the Northern Suburbs of Cape Town offering a substantial capital growth opportunity. THE LOCATION: The Northern Suburbs' has experienced enourmous property growth in recent years, not least because of the access to Cape Town International Airport, good schools and higher education institutions, shopping centres and a number of wine routes including the Durbanville Wine Valley. Investment fundamentals are underpinned by strong demand and short supply of this type of property in this location. CO LIVING: An innovative co-living solution will provide consistent real returns to property investors, where all the admin is taken care of and managed by the experienced YUCO Management team. INVESTMENT RENTAL AND PROPERTY MANAGEMENT The co-living apartments will be fully managed by the on-site OPTIONS YUCO Management team with the following benefits: - Pre-qualified tenants - Lower financial risk - Higher returns due to managed co-living solution - No admin SECTION 12J INVESTMENT Your purchase of a YUCO unit qualifies as a Section 12J investment, allowing investors to write off 100% of the investment amount for tax purposes.
1 2 The investor invests The investor signs a in a co-living property management agreement with YUCO MANAGEMENT apartment Management RENTAL POOL 3 4 The co-living apartments are YUCO Management included in a managed Rental Pool, YUCO is responsible for is responsible for giving investors a hassle-free, furnishing the the day-to-day running of hands-off investment apartment as well as the rental and property managing the co-living management as well as operations & common areas the management of all INCLUDED IN THE PRICE facilities on site - Furnished bedroom with en-suite bathroom $ $ $ - Furnished living room and kitchen 5 6 - Free, uncapped WiFi - Smart TV YUCO Management YUCO Management - Communal Kitchens receives all income distributes nett - Lounges and pays all expenses income to investors on a - Bookable Braai Areas on behalf of co-living - Co-working Desks and Areas monthly basis investors - Concierge - Convenience shop $ - Coffee Shop and Bar 7 - Basement Parking Bay Investors enjoy the benefits of a well-managed hands-off investment
SECTION 12 J WHY DOES SECTION WHAT IS SECTION 12J? 12J EXIST? Section 12J of the income Tax Act SARS introduced the incentive to enables investors to deduct 100% of stimulate investment into businesses their investments in a registered Section that create jobs and grow the economy. 12J entity for tax purposes s for this incentive as it is a managed solution including a full range T ance up to of services. 45% of the investment (depending on the investors tax rate) HOW MUCH WILL SARS FUND? D r ctive rates may apply in Any entities are elegible, including respect o rent investors individuals, Trusts and Companies DESCRIPTION INDIVIDUALS TRUSTS COMPANIES Investment is made via a Section 12J entity, (investors are shareholders rather Initial Investment R1 000 000 R1 000 000 R1 000 000 45% Capital Exposure 55% Effective Tax Rate 45% 45% 28% Tax B t than owning the unit outright) Tax Relief (Refund from SARS) R450 000 R450 000 R280 000 (Funded by SARS) Nett Cost of Investment R550 000 R550 000 R720 000 *Varies depending on individual marginal tax rate
YOUR TYPICAL CO-LIVING UNIT UNIT A APARTMENT AREA 18.7M2 BALCONY AREA N/A TOTAL AREA 18.7M2 BEDS STUDIO BATHS 1 PARKING BAYS 1 UNIT G APARTMENT AREA 21.3M2 BALCONY AREA N/A TOTAL AREA 21.3M2 BEDS STUDIO BATHS 1 PARKING BAYS 1 11
THE PROFFESIONAL TEAM PROPERTY DEVELOPER: MANAGEMENT COMPANY: ARCHITECT FIRM: DEVMARK YUCO OSMOND LANGE PROPERTY GROUP MANAGEMENT ARCHITECTS 12J INVESTMENT CIVIL ENGINEERS: PARTNER: AECOM ANUVA INVESTMENTS LIMITED
Anuva is dedicated to creating prosperity for investors and entrepreneurs. How? We enable tax payers to take advantage of the government’s generous 12J tax break by investing in South Africa’s promising entrepreneurs and businesses. It’s our area of expertise. For us, investing intelligently is not just a straight-forward job. It’s an art. It requires creative thinking,time, and the skills to effectively match investors with our various hand-selected funds and investment companies. That’s why we have some of the best minds in the business on board to ensure every investor’s unique needs are met. Apart from our core team of tax practitioners, fund managers, and entrepreneurs, our affiliation with financial services group Hobbs Sinclair also offers investors a further wealth of tax knowledge and investment expertise to tap into at any time. Hobbs Sinclair is one of South Africa's most innovative innovative financial services groups and, like Anuva, cares about the needs of their investors. Be it a tax strategy, an accounting or auditing service, or estate planning that is required, Anuva investors enjoy free access to all of these services. "Our company story is about two tax practitioners, a fund manager, and a few entrepreneurs, who decided to take up government's challenge to invest in the small and medium sector and get the tax breaks to invest in companies that could create jobs" - Neil Hobbs, CA, Business rescue practitioner.
YUCO INVESTMENT CALCULATIONS EXAMPLE 2 UNIT A | 18.7M 2 | FLOOR 1 UNIT G | 21.3M |FLOOR 1 AVG. SALES PRICE R 750 000 AVG. SALES PRICE R 939 000 15% DEPOSIT 15% DEPOSIT 20 YEAR BOND 20 YEAR BOND BOND REPAYMENT R 4 943 BOND REPAYMENT R 6 188 RATES & LEVIES R 928 RATES & LEVIES R 1 175 RENTAL POOL MANAGEMENT FEE R 338 RENTAL POOL MANAGEMENT FEE R 398 OPERATING COST & WIFI R 1 013 OPERATING COST & WIFI R 1 183 TOTAL MONTHLY COST R 7 221 TOTAL MONTHLY COST R 8 943 EST. NETT MONTHLY RENTAL INCOME R 6 750 EST. NETT MONTHLY RENTAL INCOME R 7 950 EST. MONTHLY SHORTFALL -R471 EST. MONTHLY SHORTFALL -R993 GROSS YIELD 10.8% GROSS YIELD 10.2% 5 YEAR IRR 25% 5 YEAR IRR 20% *Calculations are only estimates and are subject to change & excludes operating costs.
CONTACT US J UA N I TA BL A AU W juanita@yuco.co.za +27 82 438 1369 ANDRE CILLIERS andrec@louwcoetzee.co.za +27 79 517 2927 P I E T E R D E S WA R D T pieter@louwcoetzee.co.za +27 83 460 8137 * DISCLAIMER The information contained within this brochure is for illustration purposes only and is subject to change. S ures, calculations, plans, images, and representations are indicative only. Images may include artists' impressions/ computer-generated images. Changes may be made during the further planning or development stages of the development; and dime s shes, ongoing costs, spec cations and representations are subject to change at the discretion of the Developer without notice. Whilst all reasonable care has been taken in providing this information, the Developer, its related companies, and their representatives, consultants, and agents accept no responsibility for the accuracy of any information contained herein, or for any action taken in reliance thereon by any party whether purchaser, potential purchaser or otherwise. Prospective purchasers must make their own inquiries to satisfy themselves as to all aspects of any project, and should seek independent legal a cial advice in relation to all the information obtained herein. The information contained in this material is a guide only and does not constitute an o er, inducement representation, warranty or contract. Anuva Investments Limited is an Authorised Financial Services Provider FSP 45663 and SARS approved Venture Capital Company (VCC 0008). The contents of this document does not and should not be construed as investment, tax, legal accounting or other advice. A res are forecasts based on assumptions which may vary or change over time.
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