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Quantum Quadrants Inc

Inkubusi/Hopley - Low Cost Housing Project

+Executive Summary

Proposed Housing Estate to be known as Inkubusi or Hopley Township, Harare. This Land is Priced at 12 mil-lion.

Housing Development Scheme to be created with 6 000 stands with a mix of 4 000 x 1 Bedroom Core House and 2 000 x 3 Bedroom Houses.

The Housing Scheme was approved by the City of Harare (permit # SD/2067) on October 2007 as a Low Density Scheme with the following land use plan.

Units can be sold for Cash or Home Ownership Scheme which allows people to pay for their homes over 10 years.

+1 Bedroom House

+1 Bedroom House

+1 Bedroom House

+Costing

Foundation = $ 1 000 Walling = $ 2 700 Interior Walling = $ 800 Roofing = $ 2 500 Labour = $ 500 Civils = $ 2 500 TOTAL = $ 10 500 Selling Price – Cash = $ 15 000

Selling Price – Scheme = $ 20 000

+3 Bedroom Cluster

+3 Bedroom Cluster

+3 Bedroom Cluster

+3 Bedroom Plan

+House Plan

+House Elevation

+Costings

Foundation = $ 8 500 Walling = $ 20 000 Interior Walling = $ 13 000 Roofing = $ 7 500 Labour = $ 1 500 TOTAL = $ 50 500 Selling Price Cash = $ 60 500 Selling Price Scheme = $ 70 500

+Medium Density Malls

+High Density Malls

+Medical Clinics

+Churches

+Service Stations

+Estimated Costings

Project Costs One Bedroom Houses - 4 000 units = $ 42 million Three Bedroom Houses - 2 000 units = $ 101 million Malls Clinic Service Stations Community Centre

+Potential Income

Cash Buyers: One Bedroom House - 4 000 units = $ 60 million Three Bedroom House – 2 000 units = $ 121 million Scheme Buyers: One Bedroom House - 4 000 units = $ 80 million Three Bedroom House - 2 000 units = $ 141 million

+Financing Program

Self Financing: One Bedroom Units Total Project Cost = $ 42 million Total Project Income = $ 80 million Total Profit = $ 38 million Deposits One Bedroom - 4 000 units x $1 000 = $ 4

million Monthly Payments – 4 000 units x $ 150 = $ 600 000 Period – 10.5 years

+Financing Program

Self Financing: Three Bedroom Units Total Project Cost = $ 101 million Total Project Income = $ 141 million Total Project Profit = $ 40 million Deposit Three Bedroom - 2 000 units x $ 5 000 = $ 10

million Monthly Payments – 2 000 units x $ 500 = $ 1 million Period – 10 years

+Stake Holders Income

Total Project Cost = $143 million Total Project Income = $ 221 million Total Profit Share = $ 78 million Capital Investors = 60% = $ 46.8 million Land Developers = 40% = $ 31.2 million Turnaround Time = 250 weeks/ 12.5 months Return on Investment = 32.73%