THE ROCKEFELLER Harbour Place - OPTOMISE
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THE ROCKEFELLER
Harbour Place
Hotel and Serviced Apartments
Hassle-free Investment
Prime Location in Cape Town
Guaranteed Dividend Income
Low-to-Moderate Capital Risk
Investment Term 5 - 7 Years
Optomise Ventures Ltd is an Authorised
Financial Service Provider (FSP 49628) in
accordance with FSCA regulations
The Optomise fund will invest in sectional title hotel units
in The Rockefeller Hotel in Cape Town. The Rockefeller
will be managed by Newmark Hotels. The developer and
the financial guarantor is Narrative Property Group.
Newmark Hotels Managed
Investment Product
Minimum Investment R 250,000
Maximum Investment R 5,000,000
Investment Term 5 - 7 Years
Lease Term 5 Years
Guaranteed Net Income 7.00% per annum
Rent Guarantor Narrative (Developer)
Annual Income Escalation CPI (Capped at 6%)
Capital Risk Low-to-moderate
Legal Vehicle Optomise Ventures Ltd (S12J Fund)
FSCA Approved Fund FSP 49628
Jobs Created 140 Permanent Jobs
Initial Fees 3.50%
Annual Fees 1.00%
Performance Fees 10.00%
Closing Date 27 February 2019
*Performance fees calculated on total capital growth above the initial investment
THE ROCKEFELLER
Hassle-free Investing
Developer maintenance and Net income direct into
management guarantee investors accounts
Optomise sells assets Optomise invests
at maturity alongside investors
INVESTOR
How S12J works
Invest into the Tax benefit
Optomise fund obtained on
into a unique share subscription for
class linked to the new shares in a
Rockefeller hotel VCC
development in
Cape Town
VCC
The fund invests
into the qualifying
company which will
purchase hotel units
in the Rockefeller
development
TARGET
COMPANY
Cape Town V&A Waterfront
Foreign and Domestic Travellers Stadium
(millions) Silo Distict
25 Foreign Domestic
20
15
CTICC
Virgin Active
10 Chris Barnard Hospital
Strand Street Artscape
5 THE ROCKEFELLER N1
Bree Street Harbour Arch
0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Wale Street
Sources: Statistics South Africa, PricewaterhouseCoopers LLP, Wilkofsky Gruen
Assocaiates
Individual/Trust
For illustrative purposes R 1,000,000 investment is used
Initial Investment R 1,000,000
S12J Cash from SARS (R 450,000)
Net Investment R 550,000
Market Value of Investment R 1,000,000
Effective 45% discount to market value
For illustrative purposes R 1,000,000 investment is used
Initial S12J Cash Net Initial Total Rands *IRR
Investment from SARS Investment Returned after tax & fees
after tax & fees
R1,000,000 (R450,000) R550,000 R 1,481,064 16.09%
*Targeted Net IRR assuming capital growth is CPI
Company
For illustrative purposes R 1,000,000 investment is used
Initial Investment R 1,000,000
S12J Cash from SARS (R 280,000)
Net Investment R 720,000
Market Value of Investment R 1,000,000
Effective 28% discount to market value
For illustrative purposes R 1,000,000 investment is used
Initial S12J Cash Net Initial Total Rands *IRR
Investment from SARS Investment Returned per annum
after tax & fees after tax & fees
R1,000,000 (R280,000) R720,000 R 1,552,696 14.29%
*Targeted Net IRR assuming capital growth is CPI
LIONS HEAD
UNDER CONSTRUCTION - SEPTEMBER 2019
Individual/Trust Total Rands Returned
(after tax and fees)
R2,000,000
R1,750,000
R1,500,000
R1,250,000
R1,000,000
R750,000
R500,000
R250,000
o
2020 2021 2022 2023 2024 2025
SARS Refund Cumulative Dividends Estimated Net Proceeds from Sale
Company Total Rands Returned
(after tax and fees)
R2,000,000
R1,750,000
R1,500,000
R1,250,000
R1,000,000
R750,000
R500,000
R250,000
o
2020 2021 2022 2023 2024 2025
SARS Refund Cumulative Dividends Estimated Net Proceeds from Sale
About The
Rockefeller
Developers
THE EPIC
Narrative are a Johannesburg
based residential property
development group. Since
inception in 2008, Narrative
has developed over R600m
worth of residential properties
in Johannesburg and has a
development pipeline of a further
R1,7bn currently in various stages
of development and construction.
Narrative takes a pragmatic
and sensible approach towards
development and prides itself on
developing properties that answer
INSIGNIA
modern day problems.
“South Africa is
a much-desired
destination among
the BRIC nations.
Tourism supports
more than 1.6 million
jobs in South Africa
and accounts for
more than 9% of
the country’s gross THE ODYSSEY
domestic product
(GDP).” -
Christie Viljoen, PWC Strategy &
Economist:
THE FITZGERALD
Established in 2015 Raised and deployed over
SARS & FSCA Aproved S12J Venture Capital Company
R280 million in equity funding
in over 20 qualifying companies.
Gross Assets of R280 million
Over 20 Investments 354 new jobs 152 jobs saved 506 jobs
created by by investing into created
Invest in High Growth Sectors with High Job Creation
investing into two distressed and
Hospitality, Solar Power, Asset Rentals & High Tech SMMEs SMMEs counting
Gadi Cohen Mark Collie Michael Roffey Namir Waisberg
Managing Director Executive Director Executive Director Executive Director
BBusSci CA(SA) BCom BCom CA(SA) Actuary CFA
Gadi co-founded Optomise, one Mark is a co-founder of Airvantage, a Michael pioneered cellular phone Namir is the CEO of Willis Burton
of the largest S12J Venture Capital Fintech provider of mobile financial micro-lending and device financing Capital Partners, an Investments &
Companies in South Africa. To and value-added services for mobile in South Africa. As a Fintech and Advisory business established in
date Optomise has facilitated the network operators. In 2009, he Telecommunications leader, his 2004. The business focuses on M&A,
creation of over 506 permanent founded Icon SA in partnership with products and services are today Private Equity, Commercial Real
jobs in South Africa. Gadi has raised Icon UK. Icon SA was appointed by available in over 15 countries Estate and Venture Capital. In 2014
and deployed over R280 million of FIFA to design, produce and install across three continents. Together Namir co-founded Sail Group, a
investor capital into more than 20 the signage and branding for the FIFA with partners, he co-founded the global Chrome Mining & Commodity
venture capital investments. Gadi is Confederation Cup 2009 and the FIFA largest independent cellular retail Trader based in Singapore with
one of the leading experts in S12J World Cup 2010. He was previously credit business and cellular handset assets listed on the JSE & the Stock
in South Africa. He has developed the operations director of Wideopen finance business in South Africa. Exchange of Mauritius SEM. In 2009
unique intellectual property in Platform, the leader in large format These businesses were sold to a JSE- Namir co-founded Storage Genie, a
the S12J space which has received outdoor advertising in South Africa listed company in 2013 and 2017 self-storage business with over 2,500
private binding rulings from SARS. A which he sold to Primedia in 2006. respectively. He has private equity storage units across South Africa. This
business development expert, Gadi Prior to this Mark was involved in interests in many sectors, including portfolio has since been sold to a JSE
is part of Optomise’s investment, Corporate Finance and Private Equity commercial property, telecoms, listed REIT. Prior to this Namir was
strategic and product development with the Buffet Investment Group. fintech, technology and financial an Investment Banker with Investec
committees. services. Bank.
Optomise has funded SMMEs and created jobs in the following sectors:
Fibre Asset Rental Hospitality
High Tech Medical Retail
Renewable Agricultural Manufacturing
Energy
Get in touch 4th Floor, 20 Melrose Piazza Optomise Ventures Ltd
For more information contact Melrose Arch, 14 Whiteley Road Melrose Company Registration Number:
087 153 1192 Johannesburg, 2076 2018/265393/06
info@optomise.co.za SARS Registration Number: Authorised Financial Service Provider
www.optomise.co.za VC - 150 (Optomise Ventures) FSP Licence No. 49628
The information contained herein is for information purposes only and does not constitute advice in any form
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