De la Roche FAQ'sWhere is the De la Roche development situated?Paarl. The development is aimed at Entry level and middle class housing What is the total investment amount raised? R23 500 000 At what price was the land originally purchased? R16 500 000 De la Roche is the development of how many plots? 229 When is the ROD expected? June 2009 What is the term of the project? Maximum three years At what stage do investors get their original capital back? After transfer of the first R23.5m plots that are sold At what stage do investors realize their projected 70% growth? After transfer of the first R56.5m plots that are sold. What is the projected growth for the investors? 70% What is the anticipated turnover of the development during the first phase? R110 million Investors deposit their funds into the trust account of? Bill Tolken Hendrikse Inc Investor's funds are allocated as Unsecured debentures What is the size of the plots? 350m2 - 500m2 What is the minimum price at which the plots must be sold for investors to only get their capital back? R160 000 What is the cost involved when an investor sells his/her investment before October 2011? 7% of the invested amount Commission is paid by Stonevest Is the 70% growth guaranteed? No Who is the promoter of De la Roche Development plan? Stonevest What is the date of redemption of the debentures? 01 September 2011 |
