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