Open navigation

164 Eccleston - Development Finance Opportunity

What is this investment all about?

This investment gives you the chance to co-finance a luxury four-unit development in Bryanston East, one of Joburg’s most prestigious suburbs.

But here’s the twist:

You’re not buying a finished apartment or collecting rental income.

You’re investing like a developer - providing upfront capital to help get the project off the ground, with potential returns linked to the project’s success.

Think: less landlord, more lender.

Click each heading to find out more

How is the R5.2 million used?

We’re raising a total of R5.2 million, split as follows:

  • R5.1 million is loaned to the developers:

 R4.5 million is used to buy the land.

    • R600,000 goes towards site preparation (walls, internal roads, bulk services, etc.)
  • R100,000 covers legal and structuring fees - including deal setup, investor protection, and transaction management.
What kind of returns could I earn?

This deal is structured to give you a mix of steady income potential and a share in any upside — if the development performs well:

  1. R2.25 million earns 12% annual interest

→ Works like a home loan. If all goes to plan, the developer repays it in instalments with interest. Simple and predictable.

  1. R2.85 million is interest-free, but gives you access to a share of any profits once the homes are sold and transferred:

→ If the project sells successfully, investors are first in line for R1.3 million in potential profits - before the developer earns a return.

And here’s the kicker:

If the project underperforms, the developer absorbs the loss before investor returns are affected - giving your capital an extra layer of protection.

The projected return is 15.28% XIRR, net of fees.

This is based on current forecasts - but, as with any development, real-world outcomes can vary. 

When can I expect to start seeing returns?

Your investment pays out as the project reaches key milestones, triggered by the transfer of each stand:

  1. After the second stand transfers

→ The first loan portion (R2.25m) plus interest, is expected to be repaid.

  1. After the third stand transfers

→ The second loan portion (R2.85m) is repaid (potentially with profit distribution).

  1. After the fourth stand transfers

→ The facilitation fee is paid out (from profits), and final dividends are distributed.

Each payout is proportional to your investment, and will appear in your EasyProperties account as a dividend distribution.

Distributions depend on project progress and sales performance - there’s no fixed schedule or guarantee.

What protects my capital?

This deal has several built-in protections - but it's still a higher-risk opportunity compared to traditional rental-based investments.

  • Mortgage-backed: EasyProperties holds a first mortgage bond over the property until all stands are transferred and repaid. If the project stalls, EasyProperties can take ownership and sell it to recover funds.
  • Controlled spend: Project funds are held in a joint account, and only disbursed with dual sign-off from EasyProperties and the developer.
  • Performance buffer: If profits are lower than forecast, the developer absorbs the shortfall before investors are impacted.
  • Active oversight: A joint committee (EasyProperties + Andev) oversees budget, sales, and spend decisions - meaning you’re not just funding, you’re part of a tightly managed investment structure.

These measures reduce risk - but do not eliminate it. As with any development, delays, cost overruns, or sales challenges may affect outcomes.

How long is my money locked in?

This is a medium-term opportunity, designed with a timeline of 18 to 24 months.

There’s no secondary market for this investment, so you’ll need to stay in until the final stand transfers and all payouts are complete.

Unlike a traditional rental property, you’re not waiting on tenants - you’re waiting on sales milestones, with repayments made as each unit transfers. 

What makes this deal special?

Location, location, location

Hamilton Enclosure, Eccleston Crescent - Bryanston’s blue-chip heartland.

Top-tier product

Only four bespoke homes, each 398+ sqm, with pools, triple garages, and premium finishes. Designed by SPS Architects.

Strong sales strategy

Plot-and-plan model means buyers fund their own home builds after purchasing the land - reducing the capital burden on the developer and unlocking returns sooner.

Experienced developer

Andev Properties has a strong residential track record, including Passfields and Auria Senior Living estates.

What are the risks?

Like any property development, this investment comes with risk - but the deal is designed to mitigate those risks as far as possible:

⚠️ Risk
Mitigation
Delays or failure to sell
There is a mortgage over the land - if the project stalls, EasyProperties can sell it to recover your investment.
Price risk
Homes are competitively priced for the Bryanston market (R13–R16 million), based on comparables.
Budget overruns
Joint committee oversight + dual signatory fund control ensure financial discipline.
Capital loss
Developer absorbs the first loss if profits fall short - but there’s still a risk of lower-than-expected return.

 

Is this right for me?

This is a higher-risk, higher-potential investment. It’s ideal for investors who:

  • Want to explore property investment opportunities beyond traditional rentals
  • Understand the risks of property development
  • Can stay invested for 18–24 months without needing early access to funds
  • Are comfortable that returns are not guaranteed

It’s not for everyone, but for the right investor? It’s a smart, structured way to back a premium project - with skin in the game and upside on the table.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.