The Cavendish - Secure residential estate in Claremont Upper, Western Cape.
Key Features:
- 32 Exclusive apartments
- Beautiful panoramic Table Mountain views
- Communal landscaped pool and braai area
- Secure parking, CCTV, access control and electric fencing
- Lift access to all apartments
- Fibre internet connectivity
- Pet friendly and short-term letting friendly
- Floor-to-ceiling glass and aluminium sliding doors
- Furniture upgrade packages
- Full backup power
Apartment mix:
- 19 Studio apartments 40m2 including terrace
- 8 Two-bedroom apartments 57-73m2 including terraces
- 5 One-bedroom duplex penthouses 86m2 including terraces
For the development team at Horizon Capital Residential, The Cavendish is one of our favourites. It has all the elements that make up a stylish, safe, convenient and contemporary urban lifestyle.
Firstly: its location, in the heart of Claremont Upper, on the edge of the Cavendish Square - a centre with an energetic, and vibrant atmosphere, full of coffee shops, stores and restaurants. Secondly: its design, with contemporary fittings and quality finishes. The generous terraces boast the gorgeous mountain views, and natural light subtly brightens interior spaces. Thirdly: its convenience, with access to UCT, the Cape Town CBD, the airport, the Constantia Winelands, and so much more.
With all these elements in one place - The Cavendish is sure to be your favourite too.
Your favourite investment decision:
Claremont Upper is a fast growing and well-managed investment destination. It’s located close to everything, from A-grade offices to world-class universities and upscale shopping centres. It’s also a quick drive into the Cape Town CBD, the airport and Cape Town’s winelands, forests and beaches.
With all of this to offer, The Cavendish is an excellent investment decision. Whether you’re an investor looking for a great buy-to-let investment, a parent looking for a safe, convenient and secure place for your favourite student leaving home, or a jet-setter looking for the perfect lock-up-and-go investment, The Cavendish is our favourite. And it can be yours, too.
Section 13sex tax incentive:
Maximise your after-tax investment return at The Cavendish with a section 13sex write-off. Section 13sex allows investors to claim a "capital write-off" on the purchase of their residential investment portfolio.
To qualify for this, an investor must own at least 5 residential properties that are held for the purposes of trade (i.e. a rental portfolio) and were new and unused when purchased. The investor is then able to write-off 55% of the purchase price of the units over a 20 year period which equates to 5% per annum.
*The developer, Horizon Capital (Pty) Ltd, its affiliates & employees do not provide tax advice. Prospective purchasers should always consult their own financial or tax advisor.*
