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Quay 1 International Realty

Apartment · For SaleRef RL1300

The Hive Development on Surrey

R 575 000

Townsend Estate, Goodwood

Key facts

Type
Apartment
Bedrooms
1
Bathrooms
1
Floor size
18 m²
A Landmark Investment Opportunity in the Heart of Goodwood Priced from R575 000 [Number of units: 4] This New landmark development offers a rare opportunity to invest in modern, low-maintenance apartments in a high-demand rental market, with projected rental returns of approximately ±11% from day one. Designed for both investors and first-time buyers, these contemporary apartments offer the perfect combination of lifestyle, rental income potential and long-term capital growth. Invest 5 or More Units & Unlock Potential Tax Benefits A key advantage for investors is the potential to qualify for the Section 13sex residential building allowance. Investors who own five or more qualifying residential units and meet the relevant SARS requirements may be able to claim an annual allowance of 5% of the qualifying cost over 20 years. This makes the development particularly attractive to investors looking to build a larger property portfolio while potentially improving their overall after-tax investment returns. Tax benefits are subject to SARS legislation and the investor's individual circumstances. Independent tax advice is recommended. Development Highlights • Modern 1-bedroom apartments • ±11% projected rental return from day one • Ideal for investors purchasing 5+ units • Potential Section 13sex tax allowance for qualifying investors • Contemporary open-plan living • Private Juliette balconies • Stylish wet-room bathrooms • Excellent lock-up-and-go lifestyle • Strong rental demand and long-term growth potential • Conveniently located near transport, schools, shopping and major business hubs • Secure development Whether you're purchasing your first investment or looking to significantly expand your property portfolio, this development offers an exceptional opportunity to combine rental income, capital growth and potential tax efficiencies. Ready to take the next step? A Reservation Agreement is the first step towards securing your preferred unit within this exciting new development. By placing a reservation, you can secure your chosen apartment while the necessary sales and legal processes are progressed. Enquire today for more information, availability and to receive the Reservation Agreement.

Features

  • security
  • sea views

Good to know

What is the asking price?+

This apartment is on the market at R 575 000.

How many bedrooms and bathrooms does it have?+

It has 1 bedroom and 1 bathroom.

How big is it?+

The floor size is 18 m².

Where is it located?+

It's in Townsend Estate, Goodwood.

Bond repayment

Estimated monthly repayment

R 5 608

On a R 517 500 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 575 000
Transfer duty (SARS)
R 0
Transfer & conveyancing (est.)
R 25 550

Estimated once-off costs

R 25 550

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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