With a range of purchase options, WINK offers a competitive rate per m2 for a centrally located investment property that also qualifies for a Section 12J SARS investment incentive when purchased via Flyt Hospitality’s Section 12J Fund.
A managed rental pool solution means you’ll also benefit from the economies of scale that come with reduced per- unit operating costs while minimising the risks associated with self-managed units.
• 14 days own use per year (out season)
• Owner rate during season (30% discount)
Our forward-thinking approach gives our investors a hands-off investment with real returns, with projected income returns for 2020 estimated at 10%.
Investors can purchase one of our available units on a Sectional Title basis with Cash or Bond Finance. Pricing from R1 325 000 per unit.
WINK forms part of the Flyt Hospitality Fund portfolio, allowing you to enjoy huge tax savings on your shares. If you invest in the Fund, your investment will be diversified across several assets including WINK.
This SARS investment incentive managed in terms of Section 12J of the Income Tax Act enables investors to deduct 100% of their investments (purchase of shares) in a registered Section 12J Venture Capital Company (VCC), against their taxable income for Income Tax Purposes.
The Flyt Hospitality Fund is a registered Financial Services Provider (FSP) and registered SARS VCC (VCC 008).
As a serviced, short-letting enterprise, WINK is Section 12J compliant. Although the investor will not be purchasing a physical property, the shares grant the holder access to all the benefits of the property.
After 5 years, the owner has the option to stay in the fund, sell the shares or have the property transferred into their own name.