R 2 190 400

1 Bedroom Apartment / Flat for Sale in Foreshore

1
1
46 m²

NO TRANSFER DUTY

Modern One-bedroom 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 one-bedroom apartment is perfect for short-term rental properties while also offering ample space for long-term rental opportunities. Facing north-west, it allows for plenty of sunlight.

• Floor size: 46 square meters

• One bedroom, one bathroom

• Open-plan kitchen and lounge

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Exclusive amenities include:

• Sundeck and indoor/outdoor swimming pool

• Well-equipped gym

• Co-working space

• 24-Hour concierge 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 one-bedroom apartment is perfect for short-term rental properties while also offering ample space for long-term rental opportunities. Facing north-west, it allows for plenty of sunlight.

• Floor size: 46 square meters

• One bedroom, one bathroom

• Open-plan kitchen and lounge

_________________________________________________________________________________

Exclusive amenities include:

• Sundeck and indoor/outdoor swimming pool

• Well-equipped gym

• Co-working space

• 24-Hour concierge and security

_________________________________________________________________________________

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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Levies: R1 703 pm

Rates: R853 pm

Est. Bond Cost: R23 262 pm

Management Fee: R3 248 pm

Total Monthly Cost: R29 066 pm

Est. Rental: R15 969 pm

Net Return: 5.11 %

Monthly shortfall: R13 097 pm

Capital Growth: 13 %

Total Annual ROI: 18.11%

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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: P24-114726217, Image number: 1

Listing number: P24-114726217, Image number: 2

Listing number: P24-114726217, Image number: 3

Listing number: P24-114726217, Image number: 4

Listing number: P24-114726217, Image number: 5

Property Overview

Listing Number

114726217

Type of Property

Apartment / Flat

Street Address

4 Zeeland Pier II, Foreshore

Listing Date

29 July 2024

Floor Size

46 m²

Price per m²

R 47 617

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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