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An Exclusive Golf Residence Club

golf resorts guild

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40 Luxury Residences 21 of South Africas Top Golf Estates

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Zimbali

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FancourtPinnacle PointOubaaiPezulaErinvaleAtlantic Beach the gvild

Boschenmeer

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ArabellaChampagne SportsClarensSan LameerSelbourneSun City

Wild Coast Sun

Hans MerenskyKruger Park Lodge

Fish River Sun

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All properties available and ready for occupation

Club formed in 1993

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Investors have access to the entire property portfolio

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There are currently around 1200 privileged members

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Members are not restricted to arotational calender, they havecomplete flexibility as to when theyuse a chosen residence

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Members enjoy preferential greenfees during occupation at all resortsMost residences have a golf cart for members use

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Members only pay levies based onpersonal usage

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Frequently Asked Questions

1. How sound is my investment?

• The investments that members make into the Club are used to purchase and finance properties within the Clubs portfolio.

• Less than 20% of the Clubs property portfolio is bonded, leaving the rest fully paid for and an asset to the Club.

• The member's investments are always held in Prime properties, which generally increase in value on an annual basis.

• Remember that the houses on the estates in the GRC portfolio are not part of any hotel or resort Groups. They are properties housed on Golf estates, belonging to the Golf Resorts Club.

• There is no more risk owning in GRC then there is owning your own holiday home at one of these estates.

2. What if the managing agent could no longer service the GRC members?

• The GRC trustees would then select another managing agent to run and administer the Club on a contract basis.

3. Will my investment increase in value?

• Theoretically, yes, as the value of the units owned by you will increase on an annual basis, therebyincreasing the value of your investment with Golf Resorts Club.

4. Do I have access to all estates?

• Yes, as a member you have access to all the estates wherever your units allow you to trade.

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5. Who Controls the Golf Resorts Club?

• The Golf Resorts Club is controlled by the elected trustees to the Club who meet quarterly. There is an Annual General Meeting held for all members.

• The Trustees have appointed Club Leisure Management, a top 300 company, who is the leader in their field, to run and administer the daily activities of the Club.

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6. Will stock availability be a problem?

• No… why? • GRC owns its own portfolio of houses. • As the membership base within the Club grows, so the

number of houses that the members have access to will increase. The capital invested into the club is used to purchase new houses (capital less commission)

• Without the accumulation of the units owned by members, the Club knows annually how much availability they have available against the amount of units that members have purchased for use.

• Due to the abundance of available stock, the Club introduced an impulse booking system.

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7. Why doesn't Golf Resorts Club allow accumulation of "Units"?

• The Club is structured so that members purchase the number of units that they actually require on an annual basis.

• Accumulation of units puts more trading “time” into the portfolio whereas the number of properties only grows through the sale of new memberships/investments. This causes property availability issues for members.

• The members can only accumulate 75% of their remaining unused units for 1 year.

• This has been done solely for the protection of the member in GRC. It is a massive advantage in the system.

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8. If I want to sell my investment, what are the procedures and how can I do this?

• Although we stress that the Golf Resorts Club is an investment into a lifestyle, not primarily an investment for Capital gain on resale, you may sell your GRC portfolio at any time, provided the portfolio is fully paid for.

• The Guild can assist you in selling your membership should the need arise.

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9. Please explain the tax benefits if I invest as a corporate?

• As a corporate, the tax benefits are very much dependent on the application of the GRC portfolio to the company’s books, which should be discussed with your company accountant.The obvious initial benefit is that the company can claim back the VAT for the investment immediately.

• The portfolio can be used for staff incentives, which is taxable in the hands of the employee, or for client entertainment, which can be written of as an expense to the company and claimed back as such.

• The product can also be used as a promotional item for clients and VIP’s.

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10. Can I invest with a group of mates?

• Yes you can, however we do not advise it as it can create problems in the future.

• GRC however has a unique benefit to the system whereby members can combine their portfolios to make bookings. In other words; if there is a 4 ball and they need 80 units for their booking, they could each utilise 20 units of their own.

11. How do I go about making a booking?

• As a VIP member of Golf Resorts Guild we will make all your reservations through our concierge service.

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12. Annual General Meeting?

• There is an AGM for the Golf Resorts Club, all members are invited to attend and are sent a copy of the agenda.

• The meeting is run and held by the elected trustees of the Club.

• Should the members not be able to attend the meeting, they will be able to vote via proxy at the AGM, on whatever issues have been raised to be discussed.

13. How often does Golf Resorts Club refurbish the units?

• There is a provision in the levies for the refurbishment of each unit, which should happen every 5 - 7 years

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Members investments are inperpetuity and can be passed on tofamily

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Complimentary one year GuildReserve membership

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