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R 1 780 000 | 2 bed property for sale in cape town

Property Description

Priced from R1780 000 Only a few units remaining! Introducing urban living at its finest. Located in the heart of vibrant Cape Town, Chapel Towers is both a golden investment opportunity and the chance to become part of a rich historical tapestry. Immerse yourself in the culture, colour, spirit and flavour that sets Cape Town apart from the world. An ideal short-term investment opportunity where similar properties generate R27 000 p/month in the lower season and greater yields over high season. This investment is ideal for short-term Airbnb Letting AND Qualifies as a *UDZ Investment with R979 000 in savings. *UDZ - UDZ allowance is calculated as a 55% factor of the acquisition cost of the property. The allowance is claimable over 11 years of which the first year 20% is claimable (calculated from the 55%) and 8% is claimable (calculated from the 55%) on the next 10 years. Short Term Rental Opportunity Generating R27 000 per month R979 000 in savings (UDZ Qualifying Investment) 18.2% GRY 8% Capital Growth Units are Occupational Ready 2 Bed 1 Bath Unit Options 2 Bed 1,5 Bath Unit Options Central Location Secure Access Controlled Superior finishes include engineered stone tops Quality Porcelain tiles and laminated flooring Roof top pool and Braai area Gym facilities Laundry facilities Wifi connection Mountain & Harbour views Secure basement parking


Property Details

Purchase Price R 1 780 000

Type of PropertyApartment

Last Updated10 Apr 2024

Rooms

Bedrooms2

Bathrooms1

Property Location

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