Location | Capacity (Pre-Expansion) | Expansion Seats | Capacity (Post-Expansion) | Weekday Occupancy | Weekend Occupancy |
---|---|---|---|---|---|
Melville | 160 | 100 | 260 | 30% | 90% |
Bedfordview | 0 | 160 | 160 | 30% | 90% |
Total | 160 | 260 | 420 | – | – |
Site | Status | Notes |
---|---|---|
Melville | Operational (Expanded) | Renovated and expanded during 2024 |
Bedfordview | Opened July 2024 | Second site operational since mid-2024 |
Future Sites | In planning | Cape Town and Pretoria in pipeline |
Scenario | Target Weekday Occupancy | Target Friday Occupancy | IRR (at 60% Weekday) |
---|---|---|---|
Conservative | 50% | 75% | 13.9% |
Expected | 55% | 75% | 14.5% |
Growth | 60% | 75% | 15.0% |
This opportunity is already listed and available for trading on the Johannesburg Stock Exchange (JSE) and A2X. You can invest directly using any JSE-connected broker, including but not limited to EasyEquities, Standard Bank Online Share Trading etc. Just search the relevant share code and invest like you would in any other listed product.
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The ordinary and preference shares of Altvest Capital Limited, registration number 2021/540736/06, are listed on the JSE AltX Exchange and A2X, respectively. Altvest Credit Opportunities Fund Limited issues debt notes listed on the CTSE and is a registered credit provider with NCR no: NCRCP18241. All advice and intermediary services are rendered by Altvest Wealth (Pty) Ltd, an authorised financial services provider, FSP No. 45810 or Altvest Capital Limited in its capcity as a Juristic representatve of CAEP Asset Managers (Pty) Ltd with FSP number 33933.
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