fbpx

STUDIO APARTMENT HOTEL

Western Cape, Foreshore

Welcome to the center of Cape Town. Invest in this fast, sought after, growing economy. Experience the vibe of the Mother City. Ten Studio apartments on short term stay catering for all the guests needs.

R100 000

Rental assist to investors

YOUR WORRY-FREE INVESTMENT OPPORTUNITY

Investment Benefits

  • Shortfalls from below R1 300 per month*
  • Fully managed investment for only 15% per month
  • 10 days free hotel stay per annum*
  • Become a BlackBrick club member
  • Gross rental yields up to 11,15%
  • R100 000 rental assist to investors*
  • Nett Rental income projected from R11 400 to R13 700 per month Excluding rental assist
  • Bond and transfer fees included
  • Up to 100% bond financing available
  • No transfer duty payable
  • Property tax strategies offered by IGrow Chartered Accountants
  • Company & trust advice and setup through IGrow Trusts
  • R10 000 reservation deposit required (refundable should financing not be approved)
Previous slide
Next slide

SHORT STAY HOTEL APARTMENTS

HUGE ON FACILITIES

SHORT STAY HOTEL APARTMENTS

THE NEIGHBOURHOOD

Apartment features

FULLY FURNISHED TRENDY, WELL DESIGNED APARTMENTS INCLUDING:

  • Fully furnished hotel stay apartment
  • Washing machine/dishwasher point in kitchen
  • Tiled throughout for low maintenance (600 x 600 tile)
  • Clever site design with natural lighting
  • Centralised, energy efficient, heatpump hot water system
  • Hot and cold water meters installed to each apartment
  • Pre-paid electricity meters to each apartment
  • Modern sanitary finishes
  • Building insurance covered by levy
  • State-of-the-art security
  • Fibre installed to all units
Previous slide
Next slide

Apartment Layout

Priced from R1 423 000

Studio apartment

Rental assist* R100 000

Average unit size 29m² -35m²
Bond and transfer fees included
Projected Net rental income from – R11 400 p/m
Projected monthly bond repayment @30yr, 11,75% – R14 364
Estimated Levy from: R1768
Estimated Property Rate from: R594

Est. monthly shortfall from R1 216

Gallery

Pricelist

Book your complimentary & obligation-free

Investment Consultation

If you are considering an investment or a lock-up-and-go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you in acquiring one of these investment units.

Book a Specialist

Secure your expert investment strategy session below. Once submitted, you’ll receive a calendar invite for you to confirm.

Booking Form | Development
I want...
South African ID
Are you currently under Debt Review
Do you have 2 years signed financials?
Do you draw at least R30k from your business per month?
How would you like to proceed further

IGrow makes no warranties, whether expressed or implied, in regard to the email, contents, accuracy, financial projections and/or assumptions nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. Attorney and bond fees for transfer paid by Seller only where appointed attorney attends transfer. This may exclude buyers using bank facilities. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. *Rental assist only applicable where buyer signs a rental assist document with IGrow Rentals and or Blackbrick Members Club (Pty) Ltd for the duration of the rental assist offering. Rental assist not applicable on Airbnb or other short term letting other than Blackbrick Members Club.

Let us call you back.

Complete the form below and one of our agents will call you back to discuss your rental inquiry regarding this property.