Gauteng Partnership Fund
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Project Name: Lubraco House
Project Sponsor: Lionshare New Properties 1 CC
Lubraco House which is situated on Erf 532 and Erf 533 is a seven storey building with a basement. The project was a conversion of 7 storeys of office space to residential development to create 63 units; of 57x bachelor units (average 35 sq. metres) and 6x 1-bedroom units. The building also has 2 shops on the ground floor and a storage basement used by the shops.

Project Project Construction Year Total Development Cost excl. land (incl. VAT) GPF Funding Co-sponsor Funding
Lubraco House 2010 R13 433 154 R3 700 000 R9 733 154