100% TAX DEDUCTIBLE

Studio and two-bedroom apartments from

R979,000 – R1,562,000in the heart of Stellenbosch

July 2020

QUIVERTREE APART-HOTEL IN STELLENBOSCH OFFERS FULLY FURNISHED AND SERVICED STUDIO AND TWO-BEDROOM APARTMENTS

Modern life AT THE RIGHT PRICE

Flyt’s QUIVERTREE apartment block in Stellenbosch offers the best of

both worlds – a sense of small town community and urban convenience at the right price. Choose from any one of the fully-furnished studio or two-bedroom

apartments. It’s also a great investment with solid returns. Your investment

in QUIVERTREE is 100% tax deductible if you choose to invest via our SARS-

and FSB-approved Section 12J Investment Fund.

Cool innings

FROM R979 000

Enjoy the luxury of a

hotel lifestyle in the privacy of your own

home

INSIDE QUIVERTREE

• Quivertree’s 102 contemporary and fully-furnished units consists of 75 studios and 27 two-bedroom sectional title

apartments.

• Prices range from R979,000 for a spacious studio apartment to R1,562,000 for a lovely two-bedroom apartment.

• Ergonomically-designed, the interiors all maximise functionality, featuring modern open-plan kitchens with stainless

steel fittings and appliances, electric hobs and ovens and quality flooring.

• Certain apartments feature either a full balcony or terrace.

• All the units are tastefully furnished.

• Secure basement parking and 24-hour security.

• Communal coin-operated laundry facilities on site.

• The apartment block is sustainably-focussed featuring solar roof installation, energy efficient heat pumps and a borehole

filtration system.

• Aircons and heaters are installed in most of the apartments.

• A brand new cafeteria with dining area (Coming

Soon - 2021).

• Free and fast Wi-Fi.

• An on-site management team.

On trend

SERVICES

Spescare Stellenbosch – 0,5kmStellenbosch Provincial Hospital – 2kmMediclinic Stellenbosch – 4kmStellenbosch Animal Hospital -1kmSAPS Stellenbosch – 1,7kmVirgin Active Stellenbosch – 1,5kmTechnopark – 6,3km

SCHOOLS/UNIVERSITIES Paul Roos Gymnasium – 2,3kmRhenish High School – 2,4kmRhenish Primary School – 2,7kmLaerskool Stellenbosch – 3,7kmHoërskool Stellenbosch – 3,7kmLittle Oak Pre-primary – 4,7kmStellenbosch Waldorf – 13,6kmStellenbosch University – 1,2kmCape Peninsula University of Technology – 25,9kmUniversity of the Western Cape – 26,5km SHOPPING Stelmark Shopping Centre -0,75kmEikestad Mall – 1,6kmStellenbosch Neelsie – 1,7kmKwikspar Paul Roos – 2,1kmDie Boord Shopping Centre – 2,6kmStone Square – 2,9kmSimonsrust Centre – 2,8kmDe Jonker Spar – 3,7kmClicks Pharmacy – 1,6km

RESTAURANTS Helena’s @ Coopmanhuijs Boutique Hotel & Spa – 1,6kmJardine – 1,6kmDe Warenmarkt -1,7kmThe Fat Butcher – 1,8kmThe Big Easy – 1,8kmRoot44 Market – 9,3km

WINE ESTATES Glenelly Estate – 2,8kmBlaauwklippen Wine Estate – 5,7kmKlein Zalze Wine Estate – 6,4kmTokara Wine Estate – 7,3kmKanonkop Wine Estate – 9,4kmWarwick Wine Estate – 11km GOLF Stellenbosch Golf Club – 4,4kmDe Zalze Golf Estate - 6,3kmDevonvale Golf Estate – 8,8km

Close to home

SITUATED ON 2 FAURE STREET, STELLENBOSCH

The beautiful town of Stellenbosch lies in the heart of the world-famous Winelands. With its rich history and culture, its vibey university student life and proximity to the city and airport, it is little wonder Stellenbosch is known as the gem of the Cape. It is also top on the list of favourite towns for local and international tourists and business travellers.

CLOSE TO EVERYTHING

• Shopping centres, famous restaurants and bars, world-renowned wine farms and villages, quirky shops and curio

markets, art galleries, theatres, university campuses, public transport, schools, hospitals.

• A tech hub, Stellenbsoch is home to many tech companies and start-ups with the technology and business park, Techno

Park, just down the R44.

• Quick access to major routes to Cape Town and the airport, Franschhoek, Paarl, Tulbach, Wellington, Somerset West,

Strand and other tourist attractions.

• Jonkershoek Nature Reserve and the popular Stellenbosch mountain border the town.

• Stellenbosch is situated in one of the most beautiful and sought-after parts of the country and is famous for its historic

wine farms, impressive mountain ranges and green valleys.

Country town vibes

BUY TO INVEST

Looking to invest in property in Stellenbosch? Stellenbosch is a sought-after property investment destination, offering a substantial capital growth

opportunity.

In line with a UK concept, QUIVERTREE leads the way locally as a new model in student accommodation and short-term apartment letting.

LOW RISK: A yield of 6.5% is guaranteed for the first two years after all costs are deducted (including rates and levies).

THE LOCATION: As property prices in the Cape have seen consistent growth over the last 3 - 5 years, many popular suburbs have become expensive. Located in Stellenbosch, QUIVERTREE provides great value at an excellent

price, and is poised for strong capital growth in the coming years, while also offering attractive initial rental returns.

Best investment

InvestmentbreakdownBUY TO LET RENTAL POOL

The 102 flexi-living apartments form part of a formal rental pool, fully managed by an on-site team. Investors have access to a host of rental pool benefits, including:

• Furnished apartments at no additional cost

• Quality tenants who “tick all the boxes”

• Lower financial risk

• Higher returns due to dedicated on-site management team

• No admin

SECTION 12J INVESTMENT

QUIVERTREE’s rental pool qualifies as a 12J investment allowing investors to write off 100% of the investment amount for tax purposes.

The Rental Pool receives all income and pays all expenses on behalf of

investors

6. 8.7.

OCCUPANTS ENJOY ALL THE BENEFITS AND CONVENIENCE OF LIVING AT QUIVERTREE:5.

The investor invests in a

Quivertree apartment

The investor signs a Rental Pool agreement

with QUIVERTREE Rental Pool (Pty) Ltd

QUIVERTREE Rental Pool (Pty) Ltd is

responsible for furnishing the apartment as well as

managing the operations & common area

The Rental Pool company is responsible for the day-to-day

running of the rental pool

1. 2. 3. 4.Including:

Receiving bookings/tenants Making payments • Room servicing

Routine maintenance

The Rental Pool company distributes nett

income to investors on a quarterly basis

Investors enjoy the benefits of

a well-managed hands-off

investment

FREE WI-FIPET-

FRIENDLYCLEANING SERVICE

CONCIERGE

247

LAUNDRYSERVICES

COFFEE SHOPFURNISHEDDINING ROOMS

Rental pool

Different effective tax rates may apply in respect of different investors

*Varies depending on individual’s marginal tax rate

DESCRIPTION INDIVIDUALS TRUSTS COMPANIES

Initial Investment R1 000 000 R1 000 000 R1 000 000

Effective Tax Rate 45%* 45% 28%

Tax Relief (Refund from SARS) R450 000 R450 000 R280 000

Nett Cost of Investment R550 000 R550 000 R720 000

HOW MUCH WILL SARS FUND?

Tax Benefit (Funded by SARS)

45%Capital Exposure

55%

Section 12J • Section 12J of the Income Tax Act enables investors to deduct 100% of

their investments in a registered Section 12J entity for tax purposes.

• This means that: SARS will finance up to 45% of the investment

(depending on the investor’s marginal tax rate).

• Any entities are eligible, including individuals, trusts and companies.

• Investments are made via a Section 12J entity (investors become

shareholders rather than owning a unit outright).

• A Section 12J investment at QUIVERTREE requires a minimum

investment of R1 million.

WHY DOES SECTION 12J EXIST?

SARS introduced the incentive to stimulate investment into businesses

which create jobs and grow the economy. QUIVERTREE apartments

qualifies for this incentive as it is a fully-managed solution, including

furnished units, on-site meal options and a range of other services and

facilities.

FROM: R 979,000

STUDIO APARTMENTS

APARTMENT AREA

BALCONY AREA

TOTAL AREA

ASPECT

BEDS

BATHS

PARKING BAYS

28.00

3.00

31.00

WEST/EAST

1

1

1

FROM: R1,340,000

TWO-BEDROOM APARTMENTS

APARTMENT AREA

BALCONY AREA

TOTAL AREA

ASPECT

BEDS

BATHS

PARKING BAYS

45.60

4.40

50.00

WEST/EAST

2

1

1

LOUNGE

KITCHEN

KITCHENBATHROOM

BATHROOM

BALCONY

BALCONY

BEDROOM

BEDROOM

BEDROOM

LOUNGE / DINING ROOM

INVESTMENTforecastQUIVERTREE APARTMENTSOPERATIONAL CASH FLOW (2021) - FORECAST

Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21

TOTAL INCOME R 1 193 973 R 989 355 R 798 144 R 787 372 R 881 631 R 965 117 R 989 355 R 829 452

TOTAL EXPENSES -R 367 804 -R 300 457 -R 231 807 -R 227 939 -R 261 781 -R 291 755 -R 300 457 -R 255 983

NET OPERATING INCOME R 826 169 R 688 898 R 566 337 R 559 433 R 619 850 R 673 362 R 688 898 R 573 469

Ave Income / Unit / Month R 8 100 R 6 754 R 5 552 R 5 485 R 6 077 R 6 602 R 6 754 R 5 622

Levies -R 1 400 -R 1 400 -R 1 400 -R 1 400 -R 1 400 -R 1 400 -R 1 400 -R 1 400

Rates -R 450 -R 450 -R 450 -R 450 -R 450 -R 450 -R 450 -R 450

Net Income / Unit / Month R 6 250 R 4 904 R 3 702 R 3 635 R 4 227 R 4 752 R 4 904 R 3 772

Rental Guarantee/Top-Up R 199 R 1 545 R 2 746 R 2 814 R 2 222 R 1 697 R 1 545 R 2 676

Total Rental to Owner R 6 448 R 6 448 R 6 448 R 6 448 R 6 448 R 6 448 R 6 448 R 6 448

Annualised Rental Yield 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Expected Year-1 Rental Yield 6.8%

OPERATIONAL CASH FLOW (Yr 1- 5) - FORECASTYear 1 Year 2 Year 3 Year 4 Year 5

TOTAL INCOME R 1 2 747 546 R 14 261 021 R 15 935 777 R 17 787 980 R 19 150 574

TOTAL EXPENSES -R 3 870 550 -R 4 457 021 -R 4 963 398 -R 5 520 976 -R 5 903 207

NET OPERATING INCOME R 8 876 996 R 9 804 000 R 10 972 379 R 12 267 004 R 13 247 367

Ave Income / Unit / Month R 87 029 R 96 118 R 107 572 R 120 265 R 129 876

Levies -R 16 800 -R 17 808 -R 18 876 -R 20 009 -R 21 210

Rates -R 5 400 -R 5 724 -R 6 067 -R 6 431 -R 6 817

Net Income / Unit / Month R 64 829 R 72 586 R 82 628 R 93 824 R 101 849

Rental Guarantee/Top-Up R 16 484 R 13 213 R - R - R -

Total Rental to Owner R 81 313 R 85 799 R 82 628 R 93 824 R 101 849

Annualised Rental Yield 6.8% 7.2% 6.9% 7.9% 8.6%

A rental yield of 6.5% per annum is guaranteed for two years by the Qivertree Rental Pool Company.Disclaimer: The income forecasts above are based on the past performance of Quivertree but remain estimates and are subject to change based on external market conditions.

Nov-21 Dec-21 Jan-22 Feb-22

R 1 069 542 R 1 594 045 R 1 340 804 R 1 308 756

-R 329 282 -R 490 289 -R 411 853 -R 400 887

R 740 260 R 1 103 756 R 928 951 R 907 869

R 7 257 R 10 821 R 9 107 R 8 901

-R 1 400 -R 1 400 -R 1 400 -R 1 400

-R 450 -R 450 -R 450 -R 450

R 5 407 R 8 971 R 7 257 R 7 051

R 1 041 R - R - R -

R 6 448 R 8 971 R 7 257 R 7 051

6.5% 9.0% 7.3% 7.1%

FLOORINGBalconies – Ceramic TilesBathrooms – Ceramic TilesLiving Area – Luxury Vinyl Flooring

PARKINGExclusive-use parking bay (1 per apartment) additional parking bays available

LIGHTINGCeiling-mounted LED Downlights (lamps)

A lifestyle on trend

LOUNGE & KITCHENExpansive WindowsGenerous Balcony or PatioContemporary Kitchen Cabinetry with Engineered Stone Countertops and BacksplashBuilt-in Electric HobHansgrohe Taps

BATHROOMS & BEDROOMSExtractor FanBuilt-in Bedroom Cupboards

SUSTAINABILITY & INNOVATIONSolar Roof InstallationBorehole Filtration SystemEnergy-Efficient Heat Pumps

ELECTRONIC SYSTEMSCCTV SurveillanceSecure Access ControlTV Outlet BoxDSTvWiFiAircon

FEATURES & ON-SITE FACILITIESLaundry Self ServiceOutdoor Relaxation Area

Flexi-living at QUIVERTREEWELCOME TO QUIVERTREE

QUIVERTREE’S serviced apartments are carefully curated, fully furnished and equipped to ensure a completely hassle-free lifestyle. Flexible rental options allow residents the freedom to choose the length of their stay, whether it’s a few days, a few months or longer.

Residents are able to choose up to three meals a day, which can be included in their rate.

With innovative common spaces, a vibrant cafeteria (COMING SOON), QUIVERTREE’s flexi-living creates a lifestyle experience which connects people to their community.

A rental yield of 6.5% per annum is guaranteed for two years by the Quivertree Rental Pool Company.

Because time is precious, why not work, play and stay in the same place?Disclaimer: The information contained within this brochure are for illustration purposes only and are subject to change. Statements, figures, calculations, plans and representations are indicative only.