Manhattan On Coral- Bloubergstrand Investment Proposal
Belmont Meyer presents a unique investment opportunity for investors to participate in the sort after Cape Town property market.
THE MANHATTAN ON CORAL offers a selection of 29 bachelor pads and 1 and 2 bedroomed New York style apartments. The design is distinctly edgy and based on typical New York industrial theme warehouse converted apartments.
Offering stunning views of the Atlantic Ocean, some features include segments of exposed brickwork, floor to ceiling industrial styled windows, exposed steel beams. Whilst the internal finishes will echo the industrial theme, they will nevertheless be modern with for example granite kitchen tops.
- Provide Project Finance for the project
- Investment: 7 Shares @ R1 million per share
- Anticipated investment return: 16%
- Investment Period: 12 months
- Limited Risk
– Property backed security
– Over 50% of units have been sold off-plan with pre-approved bonds
- Shariah Structure used: Ijarah and Mudharabah