BONA VIEW BIG BAY
Firstly, congratulations to those who have already invested in our stunning development.
With which all its attributes is without doubt going to be a landmark estate in the area on its completion.
BONA VIEW is to be built in two phases with the first phase being that of blocks A and E with block A running along the lower front section of the site and block E running alongside the road.
In phase one there are 36 apartments with 12 of them located in the block and 24 in block E. At this time we have sold 18 of the 36 apartments in this phase with 30 paid-for reservations in phase two.
The developer requires 26 units to be sold in phase one before going on site to begin the next step of the building phase.
Taking the above into consideration, we need another 8 sales in phase one before on-site activity will commence. Based on the huge amount of interest at this time, we expect to reach this target by mid-May (of this year of course)!
The exciting thing is that when one takes the above into consideration, adding the sold units in phase one to those units reserved in phase two, we have 48 “sales” to date. This represents a whopping 62% sell-out of the entire development to date which is far beyond the developer’s expectations.
Should you wish to speed up the process, then by all means feel free to purchase another unit which you can either keep or sell at a profit once the entire development has been sold out.
Perhaps you might even know of someone else who might be interested in investing in this excellent development. We are more than happy to offer a 10 % referral commission for any leads which resolve in a successful sale.
Obviously these commissions will be paid only once we receive our commission.
It is expected that once the go-ahead target for phase one has been reached, the prices for phase two will be released. It really is worth hanging in there for another month or so as the prices will be market related and also it is going to be a long time, if ever, that such a development will come on the market again in such an excellent position.
You will be pleased to know also that as the developer’s commitment to the project, they will be completing a show unit on site in the near future.
Not only will this assist greatly in the selling process, but prior to completion you will be able to get an idea of what your apartment is going to look like.
Many of our purchasers reside outside the borders of South Africa so it is my intention that with each newsletter released there will be images of the site as the buildings are being erected.
Do not hesitate to contact me at any time should you have any questions about the development. Just as reassurance, I confirm that your deposit is lodged safely in the trust account of H L Van Zyl Attorneys and that you are receiving a very good interest rate on your funds.
Regards,
Mike.




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