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Modern Luxury meets Old World Charm

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Step into a new era of city living at Venice House, a re-imagined boutique development that celebrates the rich heritage and architecture of the existing building and it’s surrounds.

Located in the heart of Cape Town’s highly cherished tourist-filled City Centre, this exclusive investment opportunity is brought to you by Prospekt Property Development. On the basement level, you’ll find the New York-style basement loft apartments; then as you venture up you’ll discover beautifully designed studios and one-bedroom apartments. Crowning this splendid symphony are two penthouses on the top floor, their spacious terraces offering panoramic views of the dynamic cityscape.

Nestled just a street away from the renowned Long Street and Green Market Square, this location places popular tourist attractions at your very doorstep. The famous City Sightseeing Red Tour Bus stop, a gateway to exploration, is a few steps away, inviting you to uncover the city’s hidden gems. Quaint boutiques, tantalizing eateries, and vibrant bars line the nearby streets, offering a tapestry of experiences that capture Cape Town’s essence.

Venice House isn’t just a home; it’s an experience. Classic and contemporary design will feature throughout the building boasting a luxury hotel feel. With 24-hour security and concierge service, every detail has been carefully considered to ensure a lifestyle that’s not just convenient, but truly extraordinary.

On the ground floor you’ll find a beautifully appointed coffee shop and eatery within the premises providing the perfect gathering space that effortlessly marries ambiance with delectable delights.

For those with a discerning eye on the future, Venice House presents an unparalleled investment opportunity. Capitalize on Cape Town’s standing as an award-winning tourist destination, offering both long and short-term rental possibilities that promise not just financial gains, but a chance to be part of the city’s dynamic heartbeat. What’s more is that Venice House falls within the Urban Development Zone meaning that buyers can unlock massive tax benefits.

Property Types

Venice House
From R1,425,000 Apartment, 36 Units
1 Bed
1 Bath
From 25m²

Features

24-hour security with access control
Professional concierge service
Ground floor lobby and coffee shop
In-house Gym
Backup power for communal areas and Wi-Fi
DSTV and High-Speed Fibre Connectivity
Bespoke Furniture Packs available
High long and short-term rental demand area
Urban Development Zone tax benefits
Section 13Sex tax benefits
No transfer duties
Projected net yields up to 9,47% pa
Short build time with expected completion Q4 2024

Cape Town City Centre, Cape Town

Google map for Apartment Block in Cape Town City Centre

Documents

Brochure.pdf
8.7 MB Download