The Hive Development on Surrey
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
Finance
R0,00
R0,00
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.
