Exclusive Mandate. No Transfer Duty
This bulk investment consisting of 52 micro units between 24 and 27sqm. North and South oriented apartments with balcony with Harbor and Table Mountain views has an incredible occupation rate on the short term rental market. Price includes VAT and durable AirBnB Furniture and Appliances making this a plug and play investment. High occupancy rate and yield history. Plus, this development falls under the UDZ (Urban Development Zone) incentive that can save you a lucrative amount on Tax over the next 10 years, spiking up your net yield.
21 parking bays compulsory at 4.625.000 rand incl. VAT. The complex has a lovely communal area with TV, lounge, pool and gym and has a hotel styled lobby for easy check-in for the guests. Contact me for actual numbers on short term and insights on the UDZ tax benefits.
