Business Day HomeFront 11 June 2021

Page 1 Template BD_Homefront straussv 12:41:18 13/10/16

HOMEFRONT

WATERFALL

13 OCTOBER 2016 WWW.BDLIVE.CO.ZA WWW.BUSINESSLIVE.CO.ZA 11 JUNE 2021

MUST-READ

Iconic Thibault building PAGE 2

Housing market lowdown PAGE 5

World-class micro-city PAGE 7

Something wonderful Green technology

Join the club where you’ve always belonged. Phase 2 of Ellipse Waterfall and our exclusive Luna Club is now under construction. Don’t miss out on this incredible opportunity!!

PAGE 8

PAGE 4

Page 1 Template BD_Homefront straussv 12:41:18 13/10/16

Don’t miss the next edition on Friday, June 25

HOMEFRONT 13 OCTOBER 2016 WWW.BDLIVE.CO.ZA

FOCUS ON: ONE THIBAULT ADVERTORIAL

Big City Life The iconic Thibault building in Cape Town’s bustling city centre has been reimagined as a contemporary multi-use building WORDS AND PHOTOS: SUPPLIED

O

ne Thibault boasts a beautifully designed apartment space that offers exceptional value for money. Better yet, as a Section 12J-compliant development, those who invest before June 30 2021 will receive a 100% tax deduction on their invested amount.

TREND SETTING As the world-wide trend of urbanisation continues

and more young people move into the cities to maximise on professional and social opportunities, multi-use buildings are fast becoming the norm – offering residents any number of convenient amenities within their own building and a sense of community through coliving and -working spaces.

Meeting this need, One Thibault has been transformed by awardwinning Vivid Architects into studio, one- and twobedroomed apartments,

A

PRODUCED BY BLACKSTAR PROPERTY PUBLISHING

EDITORIAL TEAM Designer: Samantha Durand

with 24-hour manned security, a concierge, coworking spaces, laundry, common lounge areas, a restaurant and bar, and rooftop pool deck.

“We wanted to create a luxurious experience of city living that is affordable.

The apartments have been intelligently designed to optimise space, creating a sanctuary that’s safe, convenient and offers incredible views of Cape Town Harbour and Table Mountain,” says Steve Herring, Director of

Thibault Investments.

TAX-EFFICIENT PROPERTY INVESTMENT A huge incentive for buying into this development is that it qualifies as a Section 12J investment.

Thibault Investments has collaborated with Cape-based Flyt Property Investment for the opportunity. In partnership with well-known Section 12J investors Anuva Investments, Flyt will be providing investors with an

advantageous tax-efficient structure that allows them to use their Sars tax refund towards their investment and assists them in financing the rest.

Investment into One Thibault will be through the Flyt Select Fund. “Not only do you have the choice of purchasing a pre-approved unit priced from R895,000, but you can also qualify for a 100% tax deduction,” explains Zane de Decker, CEO of Flyt Property Investment.

Section 12J was

introduced by Sars as an incentive to stimulate investment into businesses that create jobs and grow the economy – One Thibault’s serviced apartments, with their fully-managed solution, on-site meal options as well as the range of other services and facilities, qualify for this incredible incentive. Hospitality management company WINK Aparthotels will provide on-site administration of all the units giving investors a

PUBLICATION ADVERTISING SALES

Production: Lucea Goosen

Chantelle Balsdon

chantelle@augmentcreative.com

084 061 7888

FOCUS ON: ONE THIBAULT

well-managed, handsoff investment with access to a host of other benefits over and above a guaranteed rental income of 6% for the first year.

However, the window of opportunity for this tax incentive is closing soon as Section 12J ends on June 30 2021. De Decker urges investors to take advantage of Government’s generous incentive before the deadline. “Not only are you able to invest in property in a soughtafter location for good

value, but you can write off your tax investment amount against your tax liability for the 2021/2022 tax year,” he says.

PERFECT LOCATION One Thibault offers 180 apartments, ranging from 19m² to 60m² one- and two-bedroom apartments and studios, all with spectacular views. The apartments can be bought fully furnished, with bespoke furnishings that maximise the minimalist glamour of the building.

“The location of One Thibault couldn’t be more convenient – it’s within walking distance to the CTICC, the V&A Waterfront and the local Virgin Active gym. There’s a MyCiti bus terminal close by, as well as the Cape Town train station.

Cape Town’s city centre offers so much more as well – from quick access to the stadium, the Table Mountain Cableway and, of course, the myriad restaurants, bars and galleries,” says Herring.

GET IN TOUCH www.onethibault.com sales@onethibault.com Darryn van der Poel Tel: +27 83 258 6316 E-mail: darryn@ flytproperty.co.za Jonathan Fell Tel: +27 84 513 5851 E-mail: jonathan.f@ sothebysrealty.co.za

FOCUS ON: ELLIPSE WATERFALL ADVERTORIAL

Something wonderful When developers Attacq and Tricolt imagined the design of Ellipse Waterfall, they knew it had to be ‘something spectacular’, ‘something sculptural’, a statement in luxury highrise apartment living that would attract investors to the fastest-growing mixeduse city in Africa. Waterfall City. The next Sandton WORDS: DEBBIE HATHWAY :: PHOTOS: SUPPLIED

I

ndeed, the end result is striking. The curved glass façade blurs the boundary between the building interior and the surrounding gardens that extend to the city beyond.

Residents who make use of the public spaces such as the fully equipped indoor gym and restaurant get the full benefit of the panoramic views of Gauteng as well as the light and space afforded by floor-to-ceiling windows. Ellipse Waterfall’s fluid architecture makes the desired impression on the skyline.

Work has begun on Phase 2, which incorporates the flagship Cassini Tower and The Luna Club, the most exclusive destination in the Waterfall Precinct.

This follows near sold-out success in the first two towers marketed in Phase 1.

The Luna Club is envisioned as a sophisticated sanctuary for residents of all ages offering

a host of wellness, business and leisure options. It will include a boutique spa, staffed by skilled therapists and nail technicians. Their brief? To help residents unwind, masterfully easing knots out of tired muscles and keeping hands and feet Instagram-ready!

The spa will be housed in the wellness centre, which will incorporate the gym, a steam shower and sauna. The gym is designed to make burning calories all the more pleasurable with treadmills strategically placed to make the most of the views across the city. A welcome distraction, no doubt.

Active residents who prefer getting their heart rate up in fresh air will love the outdoor circuit, which incorporates an 800m walking or running track, and temperature-controlled lap pool. An expansive terrace overlooks this area, which also features a heated leisure pool for those intent on pure relaxation.

Can you imagine anything better than lunch sizzling on the gas braai, lazing at the boma, or a sundowner at the pool?

On cooler days residents can retire to the cigar lounge or relax in the library with a good book.

The Luna Club has another major drawcard linked to the exclusive in-house restaurant – the option for private dining.

If you prefer to entertain in the privacy of your own home – where the expansive views are just as spectacular but the environment is more intimate – this can be arranged too. Young parents can enjoy an

indulgent yet guilt-free meal while leaving their children to their own devices in the game and entertainment room nearby.

This upmarket venue is designed with the live-work-play ethos in mind. To that end, it incorporates a business centre complete with boardrooms, conference facilities, meeting rooms and hot desks.

In short, The Luna Club offers all the facilities you can expect from a six-star hotel with endless social possibilities to boot. Don’t miss this opportunity to invest in a luxury apartment that will pay dividends. Then all you have to do is relax and enjoy at your leisure.

GET IN TOUCH Visit us at our sales center in the Mall of Africa.

Open Sunday - Monday 11 am - 6pm.

Sales: 0861 882 882 sales@ellipsewaterfall.co.za www.ellipsewaterfall.co.za

FOCUS ON: PAM GOLDING PROPERTIES

ADVERTORIAL

Housing market impact Despite the initial shock to the housing market from the severe lockdown and further uncertainties surrounding the pandemic, the market for residential property – across all price bands - has proven to be one of the country’s more resilient sectors, believes Pam Golding Properties chief executive Dr Andrew Golding WORDS AND PHOTOS: SUPPLIED AND ISTOCK

T

he aggressive interest rate cuts to near 50-year lows and resultant improved affordability, particularly for first-time buyers and renters, and the change in priorities as a result of the lockdown catalysed a wave of demand in the market which surprised on the upside.

LONG-TERM EFFECTS While we cannot know what the long-term effects of the pandem ic and associated lockdown will ultimately have on the property market, with the impact of the pandemic far from over, continued changes in the way we live and work can be expected to continue to evolve – with important consequences for the residential property market.

The most fundamental change has undoubtedly been the shift to universal remote working. As time passes and, in places, a growing percentage of the population is vaccinated, there is an increasing focus on trying to figure out how we will work in future.

Many employers are looking to influence how and where their employees work while reassessing their office space requirements. With the business environment remaining uncertain, this

process is likely to play out over the long term – with major structural consequences for the very fabric of our business hubs.

What we know at the very least is that demand for office space is likely to be reduced and that at least some of that space will be repurposed to residential accommodation. This means that there is likely to be an increase in new residential stock in some hubs. In the case of SA, a significant portion of housing demand comes from first-time buyers, as a large proportion of the population are young and not yet in the formal housing market. This suggests a possible proliferation of more affordable, mixed-use developments close to public transport and business hubs may well be a key growth sector in the future.

However, in the US – which is seemingly approaching a level of herd immunity – some of those who had relocated to the country are starting to show the first signs of returning to the cities. It is possible that while some will find that they miss their networks of family and friends and the previous lifestyles, they may well opt to return home once they have learnt to live within the new

parameters created by the pandemic. It is also possible that this may not occur to the same degree in SA as the transactional costs of buying and selling are relatively high.

Given that the pandemic may well remain with us for some time, it appears likely that we will adopt a more flexible approach to living. For property developers this would suggest a stronger focus on

SEMIGRATION In SA, the semigration trend of homeowners to the so-called zoom towns is well documented, with small, often coastal towns, and peripheral suburbs with amenities and healthy municipalities, experiencing a net influx of new residents attracted by the appealing lifestyle and relative affordability of homes in these areas.

mixed-use developments, which allow a property to be used in many different ways and provide a range of amenities and functions to residents and tenants in these uncertain times.

CLIMATE CHANGE In addition to the pandemic, there is also a growing acceptance of the importance of climate change and the need to move to a net zero carbon environment. Given that SA has such a young population, the awareness and willingness to embrace a sustainable lifestyle, and the extent to which cost considerations make self-sufficiency and reduced dependency on government-supplied electricity and water, all suggest that the shift to sustainable, green building and lifestyles is likely to rapidly gather momentum.

While there is often a focus on different generations and their varying values and needs, it is also important to remember that there are still life cycle similarities and that young adults or first-time buyers are likely

to favour a small lock-upand-go in a business hub, while a young family may be more likely to consider moving to a zoom town.

Homeowners who are downscaling could go the route of a well-located sectional title or a small freehold in an estate – such as the retirement component of an estate, or in a small town. These life stages will dictate different housing requirements regardless of the pandemic because if you can live and work anywhere, it makes sense to live somewhere that suits your particular needs, Covid-19 notwithstanding. That said, SA’s property market is currently underpinned by first-time buyers wanting security, convenience, affordability and buzz, suggesting that micro-apartments in business hubs will retain their appeal.

While it remains to be seen how the country’s economic recovery gains traction, we believe that solid fundamentals remain in place for ongoing investment in the residential property market.

GET IN TOUCH Dr Andrew Golding, chief executive of the Pam Golding Property group

Email headoffice@pamgolding.co.za or visit www.pamgolding.co.za

FOCUS ON: LION PRIDE LIFESTYLE ESTATE ADVERTORIAL

A place with vision

Over the past 10 months, Lion Pride Lifestyle Estate has begun to offer prospective buyers a glimpse into what this R5bn development will eventually become – but even that is just a small part of the bigger picture WORDS AND PHOTOS: SUPPLIED

I

nvesting in a new development that is still in the process of construction can be daunting. That is why it is crucial to buy from a reputable developer such as Cosmopolitan Projects and Central Development Group, the developers of Lion Pride Lifestyle Estate. With a proven track record in delivering integrated developments, they have a unique vision for this special piece of land close to Fourways.

“Five years from now Lion Pride will be a landmark in the north of Johannesburg with 4,100 houses and apartments, a shopping centre, school and recreational amenities built where there are now only open grasslands to be seen,” says Alda Erasmus, Head of Communications

at Cosmopolitan. “It will be exciting to see this vision unfold and become a reality.”

Currently 335 of the eventual 2,700 houses of Lion Pride are under construction and 90 have been completed. The third of eight security villages is launching around July and construction on 1,400 rental apartments will also be starting later this year.

However, this micro-city will offer much more than just housing. It will have a variety of educational, commercial and recreational amenities that will enable its residents to live, work, shop, learn and play all within the safe confines of the greater estate.

So what will life look like for the residents of Lion Pride Lifestyle Estate in five years’ time?

Lion Pride’s independent

school, which is set to open in 2023, will provide quality education to pupils from Grade RRR to Grade 12. Children from all over the greater Lion Pride will be able to walk and cycle safely to and from the school, and younger kids can enjoy the various play parks’ water fountains, climbing boulders and jungle gyms.

Residents of all ages can walk, run and cycle around the beautiful 17ha wetland and grassland eco-park that the estate is developed around. By then, the organic urban design elements envisioned for the estate, such as meandering pathways, indigenous planting, rock cladded walls and a mix of metal and concrete signage, will also be well established and create an overall feeling of stylish tranquillity.

Those who work from home will be able to make use of Surf4Life’s unthrottled, unshaped and uncapped fibre internet service provided on a no-contract, pre-paid, month-to-month basis.

An 11,000 m² shopping centre situated in the heart of the greater development close to the school will also open its doors in 2023. Here, residents can conveniently pop into the shops for their daily essentials or to meet up with friends and neighbours in one of the local restaurants.

A vibrant community of about 15,000 residents will be enjoying the convenient lifestyle and 24-hour safety and security the estate offers.

In addition, Lion Pride’s homeowners will be able to rest easy knowing that their money has been

GET IN TOUCH Tel: Central Developments team 063 292 9914; Cosmopolitan Projects team 010 045 9099 lionprideestate.co.za

well invested. Other developments by the Cosmopolitan Projects and Central Developments Property Group, like Leopard’s Rest, have seen capital growth of between 8% and 13% per annum.

Lion Pride’s properties have already increased 11.5% in value since its launch in 2020 giving investors peace of mind that their investments will grow significantly over the next five years.

But what makes Lion Pride truly unique is that even though it offers the same lifestyle, security and amenities as many of the exclusive estates in Gauteng, it comes at a reasonable price tag. Houses start from R1.152m which makes it perfect for middle- income earning first-time buyers and young families.

FOCUS ON: SKY CITY ADVERTORIAL

Laying the foundations When business and community work together, beautiful things can happen. Sky City is the largest privately funded affordable housing development in SA, and through community engagement and a forwardthinking approach its developer has created something that is far more than just housing WORDS AND PHOTOS: SUPPLIED

W

hat was once a huge stretch of empty land in the south of Johannesburg is now a bustling suburb, where hardworking families have put down roots with all the amenities needed for a quality life close at hand.

A TRUE WORLDCLASS MICRO-CITY Since developer Cosmopolitan Projects first broke ground on Sky City in 2017, 3,750 houses and 480 rental apartments have been delivered – with the ultimate plan over the next eight to ten years to complete 17,500 units, at a total cost of R10bn.

Recognising that it’s not just a home that makes for a comfortable life, every house has fibre to the home internet connectivity, and the development includes private education and childcare facilities, public transport infrastructure, retail and convenience offerings, as well as recreation areas such as jogging trails, soccer fields and play parks with jungle gyms.

All of these amenities are within reach of people earning from R16,000 per month – building packages start from R614,570, which equates to R5,500 per month. Those that earn less than R22,000 per month can also qualify for housing

subsidies under the Finance Linked Individual Subsidy Programme (FLISP). To date 528 FLISP applications have been approved.

COMMUNITY INVOLVEMENT So far, there have been more than 18-million bricks, 3.2 million roof tiles and 340, 000 litres of paint used in this development. What makes these numbers even more impressive is that most of the construction has been done by companies owned by members of the local communities and labour originating from the surrounding Green Fields, Eden Park, Palm Ridge and Thokoza communities.

This has been possible

through the relationship with the GEPT Business Forum, which created the space for both business and community to thrive together.

“Of the 61 subcontracted companies currently working at Sky City, 39 derive from the community,” says Willem Smit, Senior Site Manager of Central Development Projects (CDP), Cosmopolitan Projects’ main contractor at Sky City. “That is 63% direct community participation in the Sky City affordable housing project, and every year that number is increasing.”

Along with suppliers and partners, CDP invests in the community contractors through training and skills

transfers which is either done through external consultants or in-house trainers covering all the different trades. They also assist some contractors to secure credit facilities from manufacturing, supplier and distribution companies.

As an example, Nandipha Guma from Guma Projects first started working at Sky City in 2018 in the FLISP sections, with very little experience in construction and business management. “With the training and guidance of Kenneth Shabangu, the CDP foreman, she has increased her skills, knowledge and ability to become the independent contractor she is today,” Smit says.

SKY CITY AT A GLANCE Once complete, Sky City will feature:

GET IN TOUCH Tel: 010 045 9099 E-mail: mel@cosmo.co.za www. skycity.co.za

14,000 houses

3,500 high-density units

Fibre-to-thehome

Sky City Mall

Church

Preschool

Convenience retail centre

Car dealership and fitment centre

College

Medical clinic

Royal Schools Sky City

Community facilities

Jogging trails

Soccer fields

Children’s play areas

HOMEFRONT measures. These have become almost standard in new developments in the sub-R1m sector, as developers seek to comply with the sustainability and energy-saving provisions of the National Building Regulations.

“We foresee that compliance with these provisions will be increasingly expanded in more upmarket developments to include full geothermal, wind and solar power provision systems in individual estates, as the government steadily opens up private power generation to meet its international commitments to significantly increase energy efficiencies and cut carbon emissions.”

These sentiments are echoed by Christo Botha of MB Architects. “Solar has become affordable and the payback time is short compared to other green environment proposals.

Buyers are more educated and informed on global warming, which makes it hard to ignore. The big factor that pushes people to opt for solar-efficient houses is escalating electrical tariffs, as well as power outages.”

PROPERTY TREND

Green homes are a better buy Residences equipped with green technology, especially energy-saving systems, are becoming more sought after and for more reasons than you may think WORDS: PROPERTY PROFESSIONAL :: PHOTOS: SUPPLIED

NATURAL RESOURCES

D

espite its enormous solar potential, SA’s electricity tariffs have increased by more than 510% between 2007 and 2020 – with a further 15% spike in tariffs since April this year. Similarly, the average municipal water tariffs have soared by almost 1,300% between 1996 and 2020.

It therefore comes as no surprise that homebuyers are keen for their new homes to include energysaving devices to help ease the financial pressure on their monthly budget. What homebuyers perhaps don’t know is that banks are starting to recognise this reduction in risk by offering green home loans.

According to the most recent MSCI Green Property Index, certified green office buildings, being perceived as low risk investments, yield better investment returns than noncertified buildings, and enjoy lower vacancy rates.

Furthermore, worldwide evidence is growing that green buildings deliver a multitude of benefits beyond their financial returns. In the US, the percentage of architectural firms expecting to have more than 60% of their projects certified green grew from 16% in 2016 to 32% in 2018 – and is expected to grow to 45% by 2021.

From the local residential marketplace, there’s growing evidence that more homebuyers are keen to invest in a green home or one with energy-saving devices.

GREEN HOME LOANS Globally, banks offer a green loan with better terms to homebuyers if they can prove that the property for which they are borrowing meets certain environmental standards.

Banks are starting to offer a

lower interest rate or increase the loan amount available to borrowers looking to buy a green building or renovate an existing building to make it greener.

This means that homes with energy and watersaving features will be increasingly attractive to buyers when making their purchase decisions.

In SA there’s currently one commonly accepted rating of residential homes: the International Finance Corporation’s (IFC) Excellence in Design for Greater Efficiencies (Edge) residential rating system.

The IFC’s local partner is the Green Building Council South Africa (GBCSA) that administers Edge certification in SA. Edge certification is awarded when a home uses 20% less energy and water and building materials with a 20% reduced carbon footprint.

Green loans are linked directly to green buildings.

They are often either used to build a new home with a sustainability rating, or where the borrower commits to investing in renovating an existing building to significantly decrease its overall impact on the environment.

OFF THE GRID Another winter with load shedding looms and it doesn’t seem as if this problem is going to go away any time soon. The obvious answer to this problem is to get off the national or local electricity supply grid by installing solar power in your home.

The new electricity tariff increases that will be implemented in most municipalities in just a few weeks’ time are set to be higher than usual this year, which will also aggravate the situation.

According to Berry

Everitt, CEO, Chas Everitt International property group, these complex power problems have already prompted an increase in demand among existing homeowners for solar geysers, heat pumps, solar (photovoltaic) panels and other energy-saving equipment.

“The installation of such equipment is now one of the most popular types of home improvement, and the trend is being fuelled by the fact that certain banks and finance companies are already offering specific ‘green’ loans to finance these upgrades – or the purchase of a ‘green certified’ home,” he says.

Gerhard Kotzé, MD, RealNet estate agency group, says with families spending more time working and studying from home their residential electricity usage has risen considerably.

“This has definitely boosted the demand for energy-saving equipment and generators to keep the power on during load shedding. It has also sparked more interest in those towns and cities which are planning to become

independent of Eskom in the next few years by making use of alternative power sources such as solar and wind.”

According to Kotzé, recent research by the South African Cities Network (SACN) shows that the average municipal bill for the four main household types in nine major municipalities in SA (Buffalo City, Cape Town, Ekurhuleni, eThekwini, Johannesburg, Mangaung, Msunduzi, Nelson Mandela Bay and Tshwane) ranges from R1,425 per month for low-income households, up to R6,119 per month for high-income households, with electricity charges making up between 42.3% to 54.7% of the bill across the different household types.

GREEN AWARENESS At the same time, says Andre van der Merwe, principal of the Chas Everitt franchise on the East Rand, currently one of the busiest new development areas in the country, prospective buyers of new homes have become more aware of the benefits of energy-saving

Roelof Rabe, director, Roelof Rabe Architects, says there’s a need for South Africans to relook at the way natural resources and energy are used.

“With people working from home more, household electricity usage has gone up substantially without employees being reimbursed for this.

Unfortunately, the cost of alternative energy solutions is still very high and most households resort to installing emergency alternative power only to counter load shedding.

“There is definitely not a general trend of going off the grid seeing that it is too costly. We think, however, that more and more households will invest in supplementary, alternative energy solutions. This can be done by adding electricity to the traditional Eskom supply through photovoltaic panels or small wind turbines, simultaneously changing the energy usage pattern to use the power while the source is active. We will definitely see more of this and even more so when municipalities start buying excess power back onto the grid through reversable power meters.”

Anthony Stroebel, head: new business development, Pam Golding Properties and a director of the GBCSA, says SA is already a leader in the growing global green building sector.

“Those seeking a greener lifestyle could either retro-fit their own homes or could purchase or rent a home in a lifestyle estate or a green mixed-use precinct. It’s already becoming apparent that those with the means to do so are increasingly looking to become more self-sufficient by living completely off the grid,” Stroebel says.

INCREASED RESALE VALUE Property owners are increasingly realising that incorporating green living design into their homes not only significantly contributes to the value of what, often, is their primary asset, but also increases the “sellability” when they decide to move. A green home typically sells at a premium to other regular homes of a similar size and location and more than likely also sooner.

6 U LTR A- LU X U RY VIL L AS F RO M R7 999 900

INTRODU C I NG T H E OPUL ENT MEL ROS E WAL K, IN T HE HEART OF M E LROS E NORT H .

4 B E D R OO M 4 B AT H R OO M W I T H H O M E O F F I C E / G Y M A N D N O R T H FAC I N G P R I VAT E G A R D E N

Living & dining areas are generously sunlit with high ceilings and fitted a Morsø woodburning fireplace

Large en-suite bedrooms have bespoke joiner y finished with Oggie hardwood f looring & marble vanities

The villas host open plan, high quality designer kitchens fitted with Smeg apliances & Stephen Pikus feature lighting

ON SHOW | 2-5PM WE DN E SDAY , SAT URDAY & S UNDAY | 4 IR ENE ROA D, M ELROS E NO RTH, SANDTO N

CONTACT US www.legaro.co.za @legaro.sa

SINDI MJEZU sindim@legaro.co.za 079 333 9171

FOCUS ON: SECTION 12J ADVERTORIAL

Feeling a bit of Section 12J FOMO? You can borrow the money to invest in a Section 12J fund WORDS AND PHOTOS: SUPPLIED

S

eems everyone wants to get in on the Section 12J action before the June 30 2021 deadline and secure that all-important 100% tax deduction on their investment. For those of you who feel you are missing out, there is still time and the means to get your slice of the pie via Anuva Investment’s new loan product.

As Section 12J comes to an end and we consider the benefits to South African

taxpayers over the past 12 years that this remarkable incentive has provided, one of its shortcomings was that it was not available to all South Africans. “A big limitation to a Section 12J investment is that you need cash upfront to invest, so to save R450,000 in tax, for example, an individual needs to fund R1m up front, in cash – not so easy to do,” explains Andrew Friedmann, head of sales at Anuva Investments.

Recognising the constraints in making a

12J investment, the team at Anuva put their heads together and along with accredited loan provider Flyt Property Investment have come up with a loan facility that affords qualified investors the option to finance up to 100% of their investment and, in doing so, has opened up the 12J incentive to a broader base of investor than ever before.

THE LOAN DOWN Based on an investment of R1m for a 45%

taxpayer, here is how the investment finance facility can work for you: Anuva arranges up to 100% finance for qualified investors, repayable in instalments ranging from R6,000 to R9,000 over five years.

Sars refunds the R450, 000 via the Section 12J incentive and the loan immediately decreases to R550,000.

The loan is further paid off via annual dividends earned from the investment.

After five years, investors

•

•

• •

will have a fully paid-off investment comprising tax refund, investment returns and the loan repaid.

“So, you need have no ‘fear of missing out’ on this extraordinary taxsaving opportunity made more accessible via our finance product. It will be the best investment decision you ever make,” says Friedmann.

June presents the final opportunity to make a 12J investment before the incentive expires on June 30.

GET IN TOUCH Anuva Investments Landline: E-mail: Website:

021 683 0500 andrewf@anuvainvestments.co.za www.anuvainvestments.co.za

www.onethibault.com

OWN A PIECE OF THE CAPE TOWN CITY SKYLINE

Luxury Studio, 1 & 2 Bedroom Apartments from R895 000 Introducing, One Thibault, the tallest residential development in Cape Town. Deliberately re-developed for the future of living, co-working and socialising. Height, views, boundless amenities; poised to satisfy and awaken the next generation of investors.

1 year guaranteed return | 100% tax deductible before 30 June 2021 6% annual rental guarantee | Fully managed and serviced luxury apartments