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R 2 295 000

0.5 Bedroom Apartment / Flat for Sale in Claremont Upper

Apartment 203 The Cavendish | 25 Cavendish Street, Claremont Upper, Cape Town

0.5
1
41 m²

NO TRANSFER DUTY

Contact Agents

Aidan Robertson

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Olivia Burger

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Modern Studio Apartment in New Claremont Upper Development

Situated at 25 Cavendish Street, The Cavendish offers the perfect location. Walking distance to Cavendish Square, your favourite restaurants, Padel and many other amenities.

The development consists of 32 exclusive North & North-West facing apartments, spread over 5 floors.

All the apartments offer a generous, covered terrace that has been designed to ultimately be enclosed with frameless glass offering seamless indoor-to-outdoor living all year around.

Apartment Details - Second Floor

• 32m2 internal studio space

• 9m2 covered terrace (which has been designed to be enclosed)

• Built in oven, hob, and extractor

• Water-efficient fittings

• Low-voltage LED fittings

• Floor-to-ceiling aluminium and glass sliding doors

• North orientation

• Fibre internet connectivity

The Cavendish Features:

• Secure, off-street parking either allocated or available...

Situated at 25 Cavendish Street, The Cavendish offers the perfect location. Walking distance to Cavendish Square, your favourite restaurants, Padel and many other amenities.

The development consists of 32 exclusive North & North-West facing apartments, spread over 5 floors.

All the apartments offer a generous, covered terrace that has been designed to ultimately be enclosed with frameless glass offering seamless indoor-to-outdoor living all year around.

Apartment Details - Second Floor

• 32m2 internal studio space

• 9m2 covered terrace (which has been designed to be enclosed)

• Built in oven, hob, and extractor

• Water-efficient fittings

• Low-voltage LED fittings

• Floor-to-ceiling aluminium and glass sliding doors

• North orientation

• Fibre internet connectivity

The Cavendish Features:

• Secure, off-street parking either allocated or available to purchase

• CCTV

• Access control

• Electric fencing

• Full back-up power

• Communal roof deck with pool & braai

Upgrade Options:

• Curated furniture pack to match the 3D-renders

• Mobile island for additional storage & counter space

Section 13sex tax incentive*

Completing the benefits of buying at The Cavendish is the fact that you can maximise your after-tax investment return with a section 13sex write-off.

Section 13sex allows investors to claim a ‘capital write-off’ on the purchase of their residential investment portfolio.

To qualify for this, an investor must own at least 5 residential properties that are held for the purposes of trade (i.e. a rental portfolio) and that were new and unused at the time of purchase.

The investor is then able to write-off 55% of the purchase price of the units over a 20-year period.

About the developer

Horizon Capital Residential focuses on designing and developing high-quality residential buildings that meet the practical needs of future owners and generate excellent capital growth over time.

The buildings represent a commitment to conscious living, crafted with mindful intent to create spaces that suit the modern lifestyle and enhance the neighbourhood context.

*Disclaimer: The developer, Horizon Capital (Pty) Ltd, its affiliates & employees do not provide tax advice. Prospective purchasers should always consult their own financial or tax advisor.

Bedrooms: 0.5

Bathrooms: 1

Pet Friendly

Furnished (Optional)

Pool

Fibre Internet

Listing number: P24-114507951, Image number: 1

Listing number: P24-114507951, Image number: 2

Listing number: P24-114507951, Image number: 3

Listing number: P24-114507951, Image number: 4

Listing number: P24-114507951, Image number: 5

Listing number: P24-114507951, Image number: 6

Listing number: P24-114507951, Image number: 7

Listing number: P24-114507951, Image number: 8

Listing number: P24-114507951, Image number: 12

Property Overview

Listing Number

114507951

Type of Property

Apartment / Flat

Street Address

Apartment 203 The Cavendish | 25 Cavendish Street, Claremont Upper

Description

New Development, Bachelor/Studio, Second floor and above

Lifestyle

Complex, Mountain, Security Complex

Listing Date

07 June 2024

Erf Size

41 m²

Floor Size

41 m²

Price per m²

R 55 976

Levies

R 1 820

No Transfer Duty

Yes

Pets Allowed

Yes

Furnished

Optional

Floor Number

Rooms

Bedroom

Vinyl Floors

Bathroom

Shower, Toilet and Basin

Kitchens

Lounges

Other

Balcony

External Features

Pool

Communal Pool

Building

Facing

Mountain View, North

Other Features

Security

Totally Fenced, Electric Gate, Security Gate, Alarm System, 24 Hour Response, Closed Circuit TV, 24 Hour Access, Electric fencing, Perimeter Wall, Safe

Special Features

Balcony, Sliding Doors, Lifts, Communal braai area

Nearby Public Transport

Bus

Internet Access

Fibre

Wheelchair Accessible

Yes

Generator

Yes

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

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What do I qualify for based on my income?

What are the bond and transfer costs?

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.