Location:  Umzimkhulu Border Township
Building Reference name : MHD-001

Building purpose
NOISIA PROPERTIES has been build with the sole aim of solving accommodation problems. 
This property is there to help college students at Umzimkhulu with all their accommodation needs, providing them with a safe,secure,and affordable accommodation.

Total building cost - R 720 000 (Material + labor cost)
Minimum a person can contribute = R12 000
N.B. a member is allowed to contribute as much as one can afford.
Only a limited number of people can be taken.
Advantages: The more you contribute the more the dividends. Less tedious work on our side.

Number of Units: 11
N.B. The rooms of the property in total = 13 Click here for more information

Expected Profits (after operating cost)
Year 1 : R108 000
Year 2 : R123 600
Year 3 : R140 760
Year 4 : R159 636
Year 5 : R240 399.60
Year 6 : R264,439.50
Year 7 : R296,163.45
Year 8 : R331,059.80
Year 9 : R369,445.78
Year 10 : R411,670.36
Conditions: Rent @R1000/room pm,with an expected 10% rental increase per year(negotiable with tenants,market analysis,to allow us to create very competitive pricing)
N.B. Dividends are currently calculated at 30%  Ts and Cs apply.
 
N.B. Property investment is NOT a get rich quick investment. This is a long term investment. SAFETY,SECURITY, and AFFORDABILITY is what we are aiming for.

N.B. NOISIA PROPERTIES is committed to hold the highest standard of conduct, we are committed to being transparent, fair, and honest with all our dealings.

Opportunity closes : 31 October 2021

How to join
Click here to receive our constitution, progress report and application form. The constitution will give you more details e.g. Construction schedule, when will you receive the first dividend and more

Disclaimer
The above opportunity is presented to you and classified as a stokvel.
NOISIA PROPERTIES is a property rental company registered with CIPC, Reg No 2019/338918/07. The above is not a regarded as a financial advice or an investment product. We have created a social group to help us create passive rental incomes for our families, and we offer this to you to become part of the family. NOISIA PROPERTIES is NOT a financial services provider. For any financial advice please kindly consult with your preferred registered financial advisor.
Also note, there is risk associated with investing, we do not accept any responsibility for any loss incurred, it is your responsibility to do your own due diligence, any agreement you enter with us, you enter at your own risk. NOISIA PROPERTIES is committed to hold the highest standard of conduct, we are committed to being transparent and honest with all our dealing. Any loss due to our own negligence, we hereby commit to take full responsibility.