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Private syndicates 29 Feb 2012 | 4:26 pm
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Fern Valley resort development, Knysna forest, Plettenberg Bay, Western Cape, South Africa
Username   777plett
Age of sharer 50-something
From Plettenberg bay, Western Cape, South Africa
Wants to share Fractional Ownership - World
Holiday resort development, maximum 10 joint owners. Invest 50 000 pounds and expect a ROI in excess of 15%pa, paid quarterley.

Situated in part of the indigenous Knysna forest with large dam, 2 islands, natural streams and various forest walks. Natural wild life includes buck, bush pig, many bird species, rare dwarf camelion, fire flies and glow worms.

Rental income to be derived from the 10 luxury cottages, 7 luxury tents and 3 tree top tents to be built.

Existing accommodation is 1 genuine woodcutters house (112 years old)(sleeps 6) with huge hearth and 1 wooden cottage overlooking beautiful dam.(sleeps 6) Dam full of large mouth bass, various frog species, dragon flies, damsels, etc.

Holiday Plett are the property managers. They have an excellent reputation and manage over 400 properties. Their huge tourist data base will contribute strongly to a high occupation rate of this development. The total nett income derived from holiday rental is to be divided equally and paid to the joint owners quarterly. ROI in excess of 15% is expected.

Development completion estimated to be in 6 months. As the cottages get built, they get rented out and the ongoing building does not interfere because of the private location of each cottage.
Located in.. South Africa,  South Africa - Western Cape,  Plettenberg Bay Tooltip
Approx total value of asset GBP 500000 Tooltip
The ideal sharing agreement is...
Sharing agreement required Joint ownership Tooltip
Share available or share wanted Share available Tooltip
Usage of the shared asset Constantly Tooltip
Number of sharers 9 or more Tooltip
Price of share or max investment available GBP 50000 Tooltip
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Ad posted  06/08/2011
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