Bo-Kaap , Cape Town Centre , De Waterkant , Devils Peak Estate , Foreshore , Gardens , Hazendal , Kewtown , Oranjezicht , Paarden Eiland , Salt River , Schotsche Kloof , Tamboerskloof , University Estate , Vredehoek , Walmer Estate , Woodstock , Zonnebloem
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)
[hidden] 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