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Project Cooper

What is the latest?

We are finalising on the Occupancy certificate as per the banks requirement in order to move forward with the sale. We are anticipating finalisation by November.

New Electricity supply has been installed, we are finalising on the Occupancy certificate as per the banks requirement in order to move forward with the sale. We are anticipating finalisation by November.

 
 

Building plans from council have been approved and we await the removal of the bond retention from Nedbank once we provide updated occupancy certificates so we may proceed to register the bond.

Building plans from council have been approved and we await the removal of the bond retention from Nedbank so we may proceed to register the bond.

Project Ivy

What is the latest?

The property has been transferred to the end-buyer on Monday 4 September and handover will take place during the course of this coming week.

The transfer has been lodged at the Deeds Office and the property is due to transfer by end August.

The attorneys should lodge this matter at the Deeds Office early next week. If all goes according to plan, the property should transfer before the end of the month.

Guarantees for the full purchase price have been secured, as well as bond and transfer docs signed. We are aiming to transfer the property to the end-buyer before the end of the month.

An end-buyer for the property has been secured and they have attained a 100% bond for the purchase price.
 
Bond attorneys have been instructed and we are hopeful of attaining guarantees for the purchase price by mid-August with a great desire to transfer the property before month-end.

We have secured an end-buyer for the property and await them to attain the necessary bond finance so we may proceed to transfer the property.

 

Project Robindale

What is the latest?

The property sale has concluded and transfer finalised. We are currently finalising on post transfer tasks.

Lodgement is expected to take place this week, with the transfer of the property expecting to be concluded by the end of the month.

Buyers have received financing on the purchase of the property. Transfer process to commence with Bond and Transfer Documents being prepared for signing.

Renovations have been completed to bring the property in line with the building plans. ABSA have declined to re-finance the property so we have approached other institutions to attain same.
 
The institutions are busy assessing our applications and have been requesting supporting documentation.

Renovations have been completed to bring the property in line with the building plans. ABSA have declined to re-finance the property so we have approached other institutions to attain same.

 

Project Highland

What is the latest?

Bond Finance Secured
We have secured financing from SA Home Loans for the purchase of this property.
 
We now await Standard Bank to approve an AoD for the seller so the transfer may proceed.

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