73 Oxford Multi-Unit development

73 Oxford Multi-Unit Development, Johannesburg, South Africa Satellite view Unit-1 B4 & After Unit-1 B4 & After Side View Unit 2 Unit 2 Model Units 1 & 3 Remodelled Property Type Multi units Location Johannesburg, South Africa Project Value R6.000.000 ($ 352,000) Purchase Options Shares | Fractional Ownership. Private Placement. Available to registered members only. Project Overview History and overview of the development The original property was a 2500 square meter plot of land with a main building and a back flat on it.  The main building is a five-bedroom house and the back flat is a three bedroom house. We applied at the city council for rezoning and subdivision. Approval was granted and the original plot of land was divided into four plots.  After successful subdivision, the original plot is split into four and labelled as follows ·       Portion REM ·       Portion 2 ·       Portion 3 ·       Portion 4 Each of these portions can now hold a separate house which will be sold to separate buyers. In essence, one plot has become four plots, thereby building value. The next step is to redesign and remodel the existing houses to fit into our new design. We plan to cut the main building into two and then restructure it so that one part will be a new 4 bedroom duplex on Portion REM and the other part will be a new duplex on portion 3. The back flat will be redeveloped into a four bedroom duplex on portion 4.  Here’s the summary Portion REM:  4 bedroom duplex Portion 3: A four-bedroom Duplex Portion 4: A four-bedroom duplex. Portion 2: After the subdivision, portion 2 is an empty plot. We will build a new building here. A four-bedroom duplex.  What we have done so far ·       Secured approval and submission from the City of Johannesburg ·       Architectural designs for portions Rem, 2, 3 and 4 ·       Approval of architectural designs for the house on portion 2 ·       Fencing round portion 2 ·       Installation of entrance gate to portion 2 ·       Installation of sewers to each portion ·       Ongoing installation of power supply to each portion  What next ·       Construction of the building on portion 2 ·       Remodeling of the houses on portions Rem, 3 and 4 ·       Selling of these units to buyers ·       Profit sharing with funders and investors Address Oxford Street, Ferndale, 2194,  SOUTH AFRICA Category Co-Developer  (find more information about that type of investment here) Duration 12 months- 18 months Management This property is managed by GrowMyHome. Risk Low;  (The property is ring-fenced and secured)  The Neighbourhood Oxford Street is located in the Randburg area of Johannesburg, a vibrant and cosmopolitan suburb known for its blend of commercial and residential properties. The area is characterized by modern developments, including mixed-use buildings that combine office spaces, retail outlets, and residential units.  Randburg is a sought-after location due to its dynamic atmosphere and proximity to various amenities, making it an attractive area for real estate investment. Other Property Learn Something New About Us Other Investments