LIFESTYLE OPPORTUNITY

We would like to offer you the opportunity to purchase shares in our Eastern Cape beach house situated at no. 5 Mtati Lagoon, an exclusive beachfront property development 45km north of Port Alfred. This remarkable property is a hidden jewel of the Sunshine Coast with unique attributes seldom found in seaside developments today.

The current shareholders of no. 5 Mtati Lagoon are siblings Tammin, Lisa and Matthew Barker, each holding equal shares of 33.33°%. Tammin is not looking to sell her shareholding at this time, so we are putting forward 3 options for prospective buyers to consider:

1. You purchase 66.66°% shares for a two thirds majority shareholding with Tammin as the minority shareholder
2. You purchase 50% shares to create a 50:50 partnership with Tammin, who will purchase the remaining 16.66°%
3. You and family/friend each purchase a shareholding of 33.33°%, maintaining the current structure of equal 3rds shareholding

COST

We had the property independently assessed in October 2024 by two experienced local estate agents who both valued the property at R 2 500 000. This would equate to:

1. R 1 666 666 to purchase a 66.66°% shareholding
2. R 1 250 000 to purchase a 50% shareholding
3. R 833 333 for each 33.33°% shareholding

Copies of the latest valuation are available on demand.

In order to encourage buyers who will love Mtati as much as we do, and who will be considerate custodians of the property, we are offering discounted rates on the above, as follows:

1. R      1 600 000 to purchase a 66.66°% shareholding
2. R      1 200 000 to purchase a 50% shareholding
3. R      800 000 for each 33.33°% shareholding

Do let us know if you are interested, and what additional information we can provide to you.

Regards

Matthew and Lisa Barker

E: mattbarker1971@gmail.com

C: +27 (0)76 202 1405