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| Asking Price : | From R799,000 | ||||||||||
| Type : | Apartment | ||||||||||
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| Province : | Western Cape | ||||||||||
| City : | Cape Town | ||||||||||
| Suburb : | Cape Town CBD | ||||||||||
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New Development - Pepper Club
The "Pepper Club” is the brain child of the “Solomon Brother’s” who have over 44-years combined experience in the South African Property Market. The concept of the Pepper Club is NEW to South Africa, but is based on a very successful "International Property Investment Model". Exhaustive and meticulous research has been undertaken, to ensure that this offering is one of the best property investment offers available within South Africa. Furthermore, with this development being built within the heart of the Cape Town CBD and as per the Urban Development Zone (UDZ) Tax Incentive Scheme, all investors and/or home buyers qualify for further benefits in the form of TAX concessions. The “Pepper Club” is a Sectional Title Apartment-Hotel... The “Pepper Club” gives you the opportunity to purchase a very upmarket and luxurious apartment within the Cape Town City Centre. What's more, is the fact that you can purchase this unit as a permanent residence or, alternatively, purchase it as part of a "rental pool"! This isn't your "run of the mill”-type rental scheme. The building is to be registered as a “Five Star Luxury Hotel”, with all the associated facilities one expects of such a Hotel. The option to be included or excluded from the rental pool is inter-changeable with minimal notice required (30-days). As an Owner, you are entitled to occupy the apartment or a similar apartment, for 30-days per annum FREE of daily rates. There is NO restriction as to what time of year you can occupy the apartment. You will, however, be expected to pay the relevant levies and any taxes (VAT) applicable. Standard booking rules and regulations will apply! Please be aware that purchasers buying into the rental pool will be required to purchase a “furniture pack”. The “furniture pack” has been selected from high quality upmarket vendors and is required to ensure that the “Hotel Rooms” are perfectly fitted and equipped to 5-Star Standards. Apartments start from R799,000 Furniture packs from R130,000 UDZ Tax allowance. PLEASE NOTE: The Morgage Bond Offer of Prime Rate, less 5%, has been withdrawn. The offer will be honoured for those Purchasers whose finances were approved, prior to the offer being withdrawn, however, no further deals will get the benefit of this option. The Pricelist and other documentation, is available for download in the Left Column of this WebPage (Please See: Additional documents section of Webpage). UPDATE: 07 September 2009 125x Units SOLD 9x Units Reserved
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