To develop property for middle income earners in Johannesburg region, that would server as Leisure or Investment. Property would be sold in Fractions.
Property that would be developed would be sold in fractions at affordable prices to middle income earners who normally do not have funds to access this type of product. The property bought would double up as either a capital investment or as a leisure property. ROI is 30%. Middle income market in Johannesburg is growing and property is stable and growing. Land is within travelling distance from JHB central and convenient, and compared to other development of similar nature is less expensive. Returns can be expected in a year. Project is at startup, and funding is needed to purchase land (urgent) and develop.
If you are an investor, please contact us on Merar for more information.
Middle income earners are the target market. The advantage i have over competitors is that i intend to remain small, so overheads are less than bigger developers playing in this space. The advantage is sustainable as will be explained in the business plan. Competitors have no intention of downscaling, hence cannot compete.
Opportunity is to develop and sell fractions. money will be made by selling and investment and leisure product that " makes sense " to the buyer. Other players in this space are making money, although their costs are higher and profits are lower.
Investment needed to purchase land, develop buildings, and sell product.