MONTHLY NEWSLETTER

APRIL 2025

INTRODUCTION

We enter Q2 with exciting updates and a fresh energy in the air as we swing into a new season.

Table of Contents:

Kleinbaai Lifestyle Estate, Kleinbaai

-Important Development Update

-Exciting Announcement: Solar Grid Tide Plant

-Construction Update

-Overstrand Medical Centre

Nitida Boutique Hotel, Durbanville

-Important Development Update

Admiral Beach, Struisbaai

-Registration Open for Investment Opportunity

Durbanville Gardens, Durbanville

-Project Purchase Opportunity

W Group

-What we do

-Mauritius Update

IMPORTANT DEVELOPMENT UPDATE

-The first erf registrations are on track for May 2025, after which construction will begin on the homes that have already been sold.

-Kleinbaai Lifestyle Estate will have its own Solar Grid Tide Plant within the estate, which will be implemented in 2026. This will significantly improve the electricity supply to the homes, and homeowners will pay 10% less on their electricity bills.

More information regarding this will be shared in the May 2025 newsletter.

CONSTRUCTION UPDATE

-Site Completion Phase 1A: The entrance of the estate is complete and the reticulation for the estate streetlight installation has been successfully completed.

-Electricity is scheduled to be switched on by the end of April 2025.

-Civil services have been handed over to the council.

OVERSTRAND MEDICAL CENTRE (PRIVATE HOSPITAL) UPDATE

The facility received a new 200kW power addition in March 2025, ensuring that the entire unit and hospital can maintain power during emergencies.
This medical centre is a great addition to the Gansbaai/Kleinbaai community, and only 3.5km from our estate.

SERVICE LEVEL AGREEMENT

A service-level agreement is in place between Kleinbaai Lifestyle Estate and the Overstrand Medical Centre, ensuring remote medical monitoring for residents of all ages in the event of health challenges. (T&Cs apply.)

For more information, send an email to sales@devcogroup.co.za.

IMPORTANT DEVELOPMENT UPDATE

1. The Revised Environmental Authorization (EA) has been approved—an important milestone for the project.

2. Site Development Plan (SDP) approval is anticipated in May 2025, after which the project will be able to commence.

3. General project updates on timelines and construction will be communicated during May 2025.

CONTACT FOR MORE INFORMATION

Tel: (+27) 082 416 8615
Email: deon@devcogroup.co.za

Portion 2: Admiral Beach Hotel Apartments

-96 Key Hotel development, with proper BOH and potential integrated rental arrangement with Villas.

-Hotel to be developed in one phase.

-On separate land portion.

-Prices still to be shared in the near future.

-Register below to express interest or for more information.

Portion 3:  Admiral Beach Village Square (circa 3600 m² commercial space for sale/rental)

-A small complimentary commercial development, circa 3600m² of lettable space.

-National tenant will occupy approx. 1400 m².

-Register below to express interest or for more information.

For reference: See Villas (Portion 1); Hotel (Portion 2); and Commercial (Portion 3).

PROJECT PURCHASE OR CO-DEVELOP OPPORTUNITY

This project was designed and taken through the development zoning process over six years for the shareholders of Durbanville Gardens, acting as 'development managers,' to provide 384 opportunities for a 50-plus lifestyle estate.

The process was completed by collaborating with a professional team:

-Zutari Engineers

-Osmond Lange Architects

-Farrow Laing Quantity Surveyors.

The entire project is available for purchase or there is an opportunity for co-development.

CONTACT FOR MORE INFORMATION

Tel: (+27) 082 416 8615
Email: deon@devcogroup.co.za

W GROUP | WHAT WE DO

We provide comprehensive Advisory & Consulting services for landowners, developers, and investors, ensuring projects are not only viable but also attractive to the market. From vacant land assessments to troubled project rehabilitation, we specialize in development packaging, financial evaluation, and project management.

MAURITIUS

Additionally, over the past year and a half we have been exploring Mauritius’ development space. The government has implemented highly attractive systems that make it possible for international investors to safely enter the market, helping to stabilize and boost the economy.

We are currently focusing on researching opportunities in Mauritius, specifically in terms of developments, project packaging, and providing a thorough overview for investors and stakeholders interested in this growing market.

For more information, contact Deon Winterbach at deon@wworld.co.za.

IN CLOSING

For further discussions, please find our contact details below in the newsletter.

Best,

Devco Group

Cheslin Kolbe and his family are the official brand ambassadors for

Devco Group of Companies.

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