Including VAT, with no transfer duty payable

  • R4,650,000
Cape Town, South Africa
6 More
  • Active
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 52
  • sqm
Including VAT, with no transfer duty payable
Cape Town, South Africa
  • R4,650,000

Description

Generating an income of nearly R550,000 per year, this apartment is the perfect turnkey investment. The price includes VAT, meaning no transfer duty is payable, and it comes fully furnished. Additionally, if purchased as a going concern, the VAT could be zero-rated, making this an exceptional deal. Airbnb Friendly.

Located on the 31st floor, this brand-new apartment features one spacious bedroom and offers breathtaking views of Cape Town’s vibrant cityscape. The unit includes one dedicated parking space and access to a luxurious pool and bar, providing stunning views—ideal for both relaxation and entertaining.

Positioned in the heart of the Cape Town City Centre, this property offers the ultimate blend of convenience, style, and prime location, making it perfect for investors or lifestyle buyers alike.

Currently managed by Cape Town Lux Property Group for short-term vacation rentals, this apartment promises both comfort and high returns.

Exclusive SOLE mandate. Buyers agents welcome on a 50/50 split.

Address

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  • Address City Centre
  • City Cape Town
  • State/county Western Cape
  • Zip/Postal Code 8000
  • Area City Centre
  • Country South Africa

Details

Updated on January 30, 2025 at 7:05 pm
  • Price: R4,650,000
  • Property Size: 52 sqm
  • Bedroom: 1
  • Room: 1
  • Bathroom: 1
  • Property Type: Active

Additional details

  • Location: City Centre
  • Floor: 31
  • Common Area Ownership (Coop): Yes
  • Outdoor: Balcony, Pool, Rooftop Deck
  • Bathroom: En-suite
  • Furnished: Yes, Modern
  • Parking: Covered
  • HVAC: Aircon
  • Connectivity: High Speed Internet

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