HI
Development opportunity in the property industry here in South Africa on the South Western Cape coast.
I am looking for an investor that has deep pockets.!!
If this is you, then I would like to hear from you.
The banks have recently liquidated a construction development type of company.
The company was busy with a security estate property development
The deal value is R6’500’000 (six million five hundred thousand rand). (about $570000)
There is a further development costs of R9’500’000 (nine million five hundred thousand rand). (about $830000)
In total $ 1'500'000 funding needed.
This is 35502 m² of vacant land in the form of three separate title deeds.
The preliminary research and costing for the acquisition and development has already been completed.
The time frame to completion is between 8 to 12 Months with a return of 14%
The liquidators are looking for an unconditional offer, as they want to put this thing to bed as fast as possible.
Please let me know if you are interested so I can send you further information.
Thanks Andy
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