The Hive on Surrey

A Landmark Investment Opportunity in the Heart of Goodwood Priced from R550 000 - R595 000 [Number of units: 8 ] This landmark development introduces a first-of-its-kind investment opportunity in Goodwood, combining modern, low-maintenance living with exceptional financial potential. With projected rental returns delivering an estimated ±11% return on investment from day one, these thoughtfully designed apartments present an outstanding opportunity for investors seeking immediate income and long-term capital growth in a high-demand rental market. At the same time, the development offers first-time buyers the chance to stop paying rent, start building equity, and secure a place to call their own in a brand-new, contemporary home. Whether you're looking to grow your property portfolio or take your first step onto the property ladder, this is a rare opportunity that delivers both lifestyle and investment value in one exceptional development. What truly sets this development apart is its location within Goodwood’s Urban Development Zone (UDZ), creating an exceptional opportunity for investors looking to maximise their returns. Simply put, the more units you purchase, the greater the potential tax savings and long-term financial benefits. Qualifying purchasers may claim substantial depreciation allowances through the UDZ incentive, reducing taxable income and significantly enhancing investment performance. For investors acquiring five or more qualifying new development units, the Section 13sex allowance may provide an even more powerful tax advantage, allowing accelerated deductions on qualifying residential property investments in accordance with SARS legislation. For portfolio builders, this means that expanding your investment footprint can unlock increasingly meaningful tax efficiencies, making this development not only a high-demand rental opportunity but also a strategic wealth-building asset. All tax benefits remain subject to SARS requirements and each purchaser’s individual tax circumstances. Conveniently positioned close to major transport routes, shopping centres, schools, medical facilities, and Cape Town's key business hubs, residents will enjoy effortless connectivity while benefiting from the area's growing demand for quality rental accommodation. Development Highlights: • Modern 1-bedroom apartments • Contemporary open-plan living • Private Juliette balconies • Stylish wet room bathrooms • Excellent lock-up-and-go lifestyle • Located within the Goodwood Urban Development Zone (UDZ) • Potentially significant tax incentives for qualifying investors • Strong rental demand and excellent long-term investment potential • Convenient access to transport, amenities, and Cape Town CBD • Security Whether you're looking to grow your property portfolio or secure your first investment in a high-growth location, this brand-new development offers the perfect blend of contemporary design, convenience, and outstanding financial opportunity.