R675,000

R675,000

1 Bedroom Apartment For Sale in Townsend Estate
1
Bedrooms
1
Bathrooms
No Transfer Duty
Sole Mandate
22 Units The Hive on Surrey, 14 Surrey Street
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The Hive on Surrey

Web Ref. RL1179
Floor size 18.00 m²
Monthly Bond Repayment
R6,739.06
A Landmark Investment Opportunity in the Heart of Goodwood

Priced from R675 000 - R715 000 [Number of units: 22 ]

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.

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
Exterior
Security
Scenery / Views
Sizes
Floor Size 18 m²
Additional Amenities
New Development
Listing Info
Date Listed 05-08-26

Disclaimer

While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.