INVEST IN ZIMBALI CAPITALEnjoy a tax credit of up to 45%on your hospitality investment.

Zimbali Capital (Pty) LtdA Real Estate Asset backed Section 12J Venture Capital Company

FSP 49374 | VCC-0124 | Reg no. 2018/028396/07

Zimbali Capital brings you an opportunity to invest in real estate-backed hospitality assets at one of IFA Hotels & Resorts’ exclusive developments at a discount of up to 45%* through a Section 12J deduction:

• Select and invest exclusively in a hospitality asset in Zimbali Lakes Resort for as little as R1 million.

• Invest in a portfolio of hospitality assets selected to provide attractive expected returns to investors.

• Investors’ returns are enhanced (based on their taxable income) by a tax credit of up to 45% on their investments into Zimbali Capital.

T H E ST A K E H O L D E R S

VCC formation & administration services

I N V E S T M E N T H I G H L I G H T S

JOB CREATION THROUGH INVESTMENTInvesting in Zimbali Capital ensures that you receive exposure to high-end real-estate and at the same time, your investment will

lead to job creation within the local community.

UPFRONT TAX DEDUCTIONReceive an upfront tax credit of up to

45% on your investment amount.

FOCUSED INVESTMENT STRATEGY Focused investment strategy taking advantage

of IFA Hotels & Resorts’ extensive property portfolio.

LOW RISKExit / liquidity risk mitigated due to multi-use properties and ability to sell as a hotel operation or on a sectional title basis

to the residential market.

HIGH QUALITY PORTFOLIOInvest in a portfolio of high quality property-backed

hotel companies.

PROPERTY-BACKEDProperty-backed operating hospitality

exposure.

EXPERIENCED MANAGEMENTBoard and management team with extensive experience

and success in principal investing, asset management and real-estate.

15% - 18% IRRProjected IRR of 15 % - 18% p.a.

(net of fees and taxes).

PERFORMANCE DRIVENHospitality investment properties are managed

by world class hotel operators.

Zimbali Resort Developments is the master developer of the exclusive Zimbali Coastal Resort and Zimbali Lakes Resort, spanning over 700 hectares. Located on the KwaZulu-Natal North Coast, these mega residential estates are a fusion of desirable lifestyle amenities, natural elements and modern estate design. Having set the precedent for luxury estate living nationally and internationally, Zimbali has garnered international acclaim and has proven itself to be a strong investment option offering longevity and desirability.

Beachwood Capital is the fund manager, responsible for fund management which includes the vetting and selection of investment opportunities. Zimbali Hotels & Resorts SA and Jaltech are the joint fund managers of Zimbali Capital.

Jaltech is a boutique financial consulting firm focusing on forming, structuring and administering Section 12J VCCs. Jaltech is one of

the market leaders within the industry and boasts the largest Section 12J professional team and a full support staff compliment

focusing on providing exceptional service to their clients. Jaltech is the administrative manager and joint fund manager of Zimbali Capital.

IFA Hotels & Resorts will provide the pipeline of opportunities from which Zimbali Capital will select to invest in. Listed on the Kuwait Stock Exchange, IFA is a worldwide leader in the development of mixed-use hotel and residential resort projects and luxury leisure services. With a significant global footprint in premium city, resort and residential destinations, IFA and its partners have brought projects to market in United Arab Emirates, Lebanon, Portugal, United Kingdom, USA, France, Netherlands, Singapore, Thailand and South Africa.

* This depends on the investors taxable income for the tax year. Please consult your preferred adviser for more details.

*The tax deduction can be carried over where the investor is a company; where the investor is an individual or trust, the tax deduction (in most instances) is limited to the tax year of investment and can therefore not be carried over. Investors into a Venture Capital Company must be invested for a minimum of 5 years to avoid SARS recoupment of the tax deduction. To understand the rules of Section 12J please consult your preferred

adviser. IRR considers all future cash flows including hospitality income and capital appreciation at current tax rates.

F U N D S T R U C T U R E

O V E R V I E W O F I N V E S T M E N T O P T I O N S

portfolio of development, hospitality and student accommodation assets across South Africa and enjoy attractive returns. This investment will be ring fenced to a portfolio of properties, which are forecast to be in excess of 18% IRR after tax.

INVEST IN A DIVERSIFIEDinvestment exclusively in a suite of your choice at Zimbali Boulevard, for as little as R1 million. Investment is ring fenced to the capital appreciation on the unit and the investor receives hotel investment income from the pooling of suites.

SELECT A LINKED

I N D I C A T I V E R E T U R N S O N A R 1 M I L L I O N I N V E S T M E N T(assuming the individual is in the highest tax bracket as the asset/s are disposed of in year 5)

R450

R0 R0 R0 R0

R1,220

-R1,000

-R500

R0

R500

R1,000

R1,500

R2,000

-R1M

-R550

THOU

SAND

S

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

R1,670

TOTAL CASH BACK AFTER FEES & TAXES (INCL. TAX BENEFIT)

A F T E R F E E S & T A X1 5 % I R R

INIT

IAL

INV

ESTM

ENT

NET

INV

ESTM

ENT

TAX

DED

UC

TIO

N

R450

R60 R60 R60 R60

R892

-R1,000

-R500

R0

R500

R1,000

R1,500

R2,000

-R1M

-R550

THOU

SAND

S

YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5

R1,582

TOTAL CASH BACK AFTER FEES & TAXES (INCL. TAX BENEFIT)

A F T E R F E E S & T A X1 8 % I R R

INIT

IAL

INV

ESTM

ENT

NET

INV

ESTM

ENT

TAX

DED

UC

TIO

N

Treasury is incentivising South African taxpayers to invest in the local economy, via a tax deduction on the investment amountprovided the investment is made into an approved Section 12J Venture Capital Company, like Zimbali Capital. The benefit to theinvestor for making the investment in Zimbali Capital, is a return on the investor’s full investment and a tax deduction on the amount invested.

A B O U T S E C T I O N 1 2 J

If an investor (an individual in the highest tax bracket) *invests R1 million in Zimbali Capital, the investor will receive a tax deduction of up to R450 000 at the end of the tax year. What this means is that an investor will receive a return on 100% of their investment but only have exposure of 55% of their original investment amount.

INDIVIDUALS/TRUSTSDESCRIPTION

INITIAL INVESTMENT R1 000 000

(R450 000)* (R280 000)

R550 000 R720 000

R1 000 000

TAX RELIEF (IN THE TAX YEAR OF INITIAL INVESTMENT)

NET INVESTMENT (RISK CAPITAL)

CORPORATES

DisclaimerThe contents of this teaser document do not constitute and should not be construed as investment, tax, legal, accounting and/or other advice. For advice on these matters consult your preferred

investment, tax, legal, accounting and/or other advisers about any information contained in this teaser document. Zimbali Capital (Pty) Ltd (Reg. No. 2018/028396/07) is an authorised financial servicesprovider – FSP number 49374 and a SARS approved Venture Capital Company – VCC-0124. Terms and Conditions: the investment will be equity in nature and the investor will acquire shares in Zimbali

Capital (Pty) Ltd which is the SARS approved Venture Capital Company which can provide the Section 12J tax benefit. For more detail about the structure please contact a representative of Zimbali Capital(Pty) Ltd. All mentioned returns in this teaser document are estimates at current tax rates, and past performance is not an indication of future performance.

JOHANNESBURG OFFICE: Unit 19, 1 Melrose Boulevard, Melrose Arch

DURBAN OFFICE: Zimbali Northgate Suites, Zimbali Coastal Resort

011 327 6392

087 095 2742

CAPE TOWN OFFICE: 2 Saffraan str, Boord, Stellenbosch 021 201 6513

zimbalicapital.co.za hello@myzimbali.co.za

BOULEVARDPAD

Z I M B A L I L A K E S

A Secure Investment hospitality real estate, fully furnished and serviced, offering exceptional returns

Evolution in convenience

Zimbali Coastal Resort

Boulevard Square

Boulevard Suites

Boulevard Office

Boulevard Practice

M4

N2

Boulevard Pad

Zimbali Lakes

The Boulevard is an urban hub designed with convenience and accessibility in mind - with mixed-use facilities, which offer a world of choice on your doorstep. The Boulevard offers a vibrant mix of lifestyle amenities, including a shop-lined piazza, state of the art medical suites, dynamic office spaces, serviced and non-serviced apartments and an internation-ally branded hotel.

Boulevard Hotel

Modern and contemporary, full of features and amenities, designed for efficiency, comfort and convenience

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G5

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G1

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G50

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SECOND FLOOR

FIRST FLOOR

GROUND FLOOR

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BOULEVARDPAD

Z I M B A L I L A K E S

PRICING

R 1 000 000 incl. VAT

R 1 110 000 incl. VAT

R 1 250 000 incl. VAT

R 1 425 000 incl. VAT

PLUS A 3% OPTION FEE

VISIT OUR ONSITE SALES OFFICE

DISTANCES TO AND FROM BOULEVARD ZIMBALI LAKES:

087 095 2742 • boulevard.zimbali.co.za

NETCARE ALBERLITO HOSPITAL: 1.8KMASHTON INTERNATIONAL COLLEGE: 1.8KM BALLITO JUNCTION MALL: 2KMCRAWFORD COLLEGE NORTH COAST : 6KMVIRGIN ACTIVE BALLITO: 9.5KM

DUBE TRADEPORT : KING SHAKA INTERNATIONAL AIRPORT : 17KMUMHLANGA NETCARE HOSPITAL: 25KMGATEWAY THEATRE OF SHOPPING: 25KMCENTRAL UMHLANGA: 29KM

16.5KM

• State-of-the-art 24-hour security

• Serviced short and long term letting solution

• Boutique retail outlets and convenience stores

• Restaurants and coffee shops

• Chemists and laundromats

• Serviced office spaces

• Medical Centre

• Zimbali Lakes Sports Club

• Beach Club Zimbali Lakes

• Water Club Zimbali Lakes

• Zimbali Fauna Centre: A dedicated sanctuary for your pets

• Pristine beaches and resort-style swimming pools

• 18-hole championship-design golf course

• 30-hectares of lakes and catch-and-release fishing dams

paths, running and biking trails

• Bird hides and nature conservancy

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• Fibre access to units

RESIDENTS ENJOY DIRECT ACCESS TO A HOST OF PLANNED PREMIUM AMENITIES: