SPEND 40K OVER 10 YEARS ON A PROPERTY INVESTMENT WORTH 850K Summer Rain Private Estate Investment Opportunity
A LIFESTYLE OF EASY LIVING Just 10 km from Nelspruit, at the foot of the mountain between Kanyamazane Road and Plaston Road, a thriving, happy neighbourhood is growing in beautiful landscaped surroundings, overlooking incredible views. Summer Rain Private Estate is a secure, upmarket development that is surprisingly affordable offering above average yield performance for investors. Summer Rain is a creation of Similan, the company responsible for developing the award-winning Karino Lifestyle Estate, which is just south of it.
LOCATION OVERVIEW Summer Rain is situated on the new main route that links Kanyamazane, Karino Lifestyle Estate and Nelspruit. This is a busy taxi and bus route, so access to town is easy. Soon there will be a bus stop right at the entrance of Summer Rain. At Summer Rain you ll be close to the Meridian Karino Private School (5 minutes walk), the new Mpumalanga University (an easy 12 minutes drive) and a number of public schools. Meridian Karino Private School Close to Emoyeni mall On main bus & taxi route 2 mins from Sasol garage & convenience store
ABOUT THE DEVELOPER From the start, the Similan way was to approach property differently. To take a fresh look at the real estate industry. To think long-term, and to even forgo short-term gains in favour of enduring values such as the company s stated goal of enabling new generations of proud homeowners. Thinking outside the box in more ways than one, Harold and the Similan team challenge the concept of affordable housing developments, bringing the notion of affordable luxury to thousands of families. Driven by an ideal to make a difference in people s lives through the places they call home, he started Similan in November 2010. Education: 2008-2010 University of Stellenbosch Business School - Master Of Business Administration (MBA) Cum Laude 1997-2002 University of Pretoria - B.Sc. Construction Management 1997-2000 - B.Sc. Construction Management (Hons.) 2001-2002 Cum Laude Property development experience at Similan 2010 Current Projects: - Karino, Nelspruit - 580 units - Summer Rain, Nelspruit - 660 units - Selcourt, Springs - 1401 units - Fourleaf, Port Elizabeth - 323 units - Sunset Manor, Kimberley - 83 units - Urbika, Boksburg - 1099 units Previous property development experience at Southnet Projects 2006 2010 Projects: - $492m, Golf and Eco Estate, Praia De Onca, Angola - R622m, 2755 Unit Affordable Housing Development, Reigerpark, Boksburg, Gauteng - R188m, 72 Luxury Apartments, Ocean View, Strand, Western Cape - R133m, Housing Compound for the British High Commission, Pretoria, Gauteng HAROLD SPIES
A LIFESTYLE OF EASY LIVING
PRICELIST Apartments Lock-up & Go Homes Estate Homes DESCRIPTION SIZE BUY PRICE INSTALLMENT 20 YEARS INCOME TO QUALIFY INSTALLMENT 30 YEARS INCOME TO QUALIFY RENT PRICE Bachelor 28m 2 R380 000 R 3 792 R 12 642 R 3 477 R 11 590 R3 600 2-Bed, 1-Bath 42m 2 R519 777 R 5 188 R 17 292 R 4 756 R 15 854 R4 600 3-Bed, 1-Bath 56m 2 R607 318 R 6 062 R 20 204 R 5 557 R 18 523 R5 350 Simplex 2-Bed, 1-Bath Duplex 3-Bed, 1-Bath 42m 2 R574 490 R 5 734 R 19 112 R 5 257 R 15 680-75m 2 R780 504 R 7 790 R 25 965 R 7 142 R 23 806 R6 000 2-Bed, 1-Bath 45m 2 R579 962 R 5 789 R 19 294 R 5 307 R 17 689 R5 400 2-Bed, 1-Bath 51m 2 R643 429 R 6 422 R 21 405 R 5 888 R 19 624-3-Bed, 1-Bath 55m 2 R683 917 R 6 826 R 22 752 R 6 258 R 20 860 R5 500 3-Bed, 1-Bath 61m 2 R752 856 R 7 514 R 25 045 R 6 889 R 22 963 R5 850 Projected Rental Income Figures 3-Bed, 2-Bath 65m 2 R793 344 R 7 918 R 26 392 R 7 259 R 24 197 R5 750 Luxury Homes Cottage, 3-Bed, 2-Bath* 70m 2 R853 528 R 8 519 R 28 394 R 7 810 R 26 033 - Duplex,3-Bed, 2-Bath* 75m 2 R869 942 R 8 682 R 28 940 R 7 960 R 26 533 - Bungalow, 3-Bed, 2-Bath* 90m 2 R983 746 R 9 818 R 32 726 R 9 002 R 30 004
FLOOR PLANS - APARTMENTS BACHELOR APARTMENT 2-BEDROOM APARTMENT 3-BEDROOM APARTMENT 28m² 42m² 56m² Bedroom Lounge Lounge Bedroom 2 Bedroom 1 Lounge Bedroom Bath Kitchen Kitchen Bath Bedroom Kitchen Bath Bedroom 3
APARTMENTS
FLOOR PLANS - ESTATE HOMES 2-BEDROOM ESTATE HOME 45m² 2-BEDROOM ESTATE HOME 51m²
FLOOR PLANS - ESTATE HOMES 3-BEDROOM ESTATE HOME 55m² 3-BEDROOM ESTATE HOME 61m²
FLOOR PLANS - ESTATE HOMES 3-BEDROOM ESTATE HOME 65m²
FLOOR PLANS - LUXURY HOMES 3-BEDROOM LUXURY COTTAGE 3-BEDROOM LUXURY DUPLEX 70m² 75m² TBC
FLOOR PLANS - LUXURY HOMES 2-BEDROOM LUXURY BUNGALOW 90m² Ground floor First floor
WHY YOU SHOULD INVEST IN SUMMER RAIN PRIVATE ESTATE More people are considering estate living, due to the quality of life they can enjoy in a secure environment. The levies at Summer Rain Private Estate are low in comparison to other security estates. The developer will have a keen interest in the estate for many years to come. They own most properties in the estate which they are renting out. The current economy demands affordable housing opportunities. Similan the developers of this estate, are passionate about creating such opportunities without comprimising on quality and design.
SITE DEVELOPMENT PLAN PHASE 2: RENTAL STOCK NOW SELLING: PHASE 2 WELL LOCATED DISTANCE FROM: PARK ALOE STREET PHASE 2: APARTMENTS NOW SELLING PHASE 3: FUTURE DEVELOPMENT Airport SOCCER FIELD Flame Lily Street PARK FLY BUSH STREET BELLBUSH CRESCENT RIBBON BUSH STREET Nelspruit Ka Nyamazane PHASE 1: SOLD OUT TO AIRPORT FLAME LILY STREET