R 1 615 000

1 Bedroom Apartment / Flat for Sale in Foreshore

1
1
26 m²

NO TRANSFER DUTY

Modern City Studio For Sale with Short-term Rental Potential

Zeeland Pier II lies within the vibrant pulse of Foreshore, Cape Town. With a prime location surrounded by multi-national businesses and major city attractions, investors will enjoy year-round short-term rentals. Strategically positioned for capital growth, Zeeland Pier II boasts 82 modern city apartments.

This studio is designed to maximise space and is perfect for short-term rental investment. Situated on the 10th floor, it offers a scenic cityscape view and overlooks Lions Head and the V&A Waterfront.

• Floor size: 26 square meters

• One bedroom, one bathroom

• Open-plan kitchen and lounge

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As a turn-key serviced apartment and hotel management solution, Totalstay™ is the preferred operator to manage short-term rentals at Zeeland Pier II, which includes:

• 24/7 Front desk and...

Zeeland Pier II lies within the vibrant pulse of Foreshore, Cape Town. With a prime location surrounded by multi-national businesses and major city attractions, investors will enjoy year-round short-term rentals. Strategically positioned for capital growth, Zeeland Pier II boasts 82 modern city apartments.

This studio is designed to maximise space and is perfect for short-term rental investment. Situated on the 10th floor, it offers a scenic cityscape view and overlooks Lions Head and the V&A Waterfront.

• Floor size: 26 square meters

• One bedroom, one bathroom

• Open-plan kitchen and lounge

_________________________________________________________________________________

As a turn-key serviced apartment and hotel management solution, Totalstay™ is the preferred operator to manage short-term rentals at Zeeland Pier II, which includes:

• 24/7 Front desk and Aparthotel management

• Comprehensive security protocols

• Reliable cleaning and maintenance services

• Stylish furniture pack available

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Exclusive amenities include:

• Sundeck and indoor/outdoor swimming pool

• Well-equipped gym

• Co-working space

• 24-Hour concierge and security

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Levies: R962 pm

Rates: R373 pm

Est. Bond Cost: R15 508 pm

Management Fee: R2 841 pm

Total Monthly Cost: R19 684 pm

Est. Rental: R13 567 pm

Net Return: 7.09 %

Monthly shortfall: R6 117 pm

Capital Growth: 13 %

Total Annual ROI: 20.09%

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Get in touch to discover Zeeland Pier II.

Although every endeavour has been made to quote the correct information, Cape Winelands Properties cannot be held responsible for any errors or omissions made or implied.

Bedrooms: 1

Bathrooms: 1

Pool

Listing number: P24-114725804, Image number: 1

Listing number: P24-114725804, Image number: 2

Listing number: P24-114725804, Image number: 3

Listing number: P24-114725804, Image number: 4

Listing number: P24-114725804, Image number: 5

Listing number: P24-114725804, Image number: 6

Property Overview

Listing Number

114725804

Type of Property

Apartment / Flat

Street Address

1 Zeeland Pier II, Foreshore

Listing Date

29 July 2024

Floor Size

26 m²

Price per m²

R 62 115

No Transfer Duty

Yes

Rooms

Bedroom

1

Bathrooms

1

Kitchens

1

External Features

Pool

Yes

Points of Interest

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(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.

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*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.