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R5,095,000

Monthly Bond Repayment R53,459.59
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R4,970
Monthly Rates
R2,815
Development Website

The Charlotte - A Boutique Aparthotel- 1 Bedroom Loft

Welcome to The Charlotte, a boutique aparthotel that embraces its rich, 19th century Haussmann heritage facade. Redeveloped by leading property developers, Prospekt (the creators of Venice House), this luxurious development embraces an enduring Parisian style and blends magnificent architecture with brand new sophisticated interiors.

Situated on the corner of Burg and Hout and Street, The Charlotte offers a rare investment opportunity in Cape Town’s desirable city centre.

* Priced from R1,695 million - R5,25 million

* 20 Burg St, Cape Town City Centre

* Sales go live on Wednesday, 23 October 2024 at 1pm

Effortlessly Chic Design: Warmly greeted by an open-plan lobby and restaurant, The Charlotte’s polished style is carried throughout the 6-storey building. Studios, one-bedroom, and two-bedroom apartments are fitted with refined finishes to meet discerning buyers’ expectations. Unique loft apartments with high ceilings and airy spaces are a highlight of this building.

Luxuriously Crafted Apartments

* Penthouse Lofts: One and Two-Bedrooms, Priced from R2,195 - R5,25 million, Sized from 29 - 74sqm

* One Bedroom Apartments: Priced from R1,695 - R2,995 million, Sized from 32 - 40sqm

* Studios: Priced from R1,795 - R3,095 million, Sized from 24 - 42sqm

Cape Town City Living: The Charlotte is ideally situated just a short stroll from Long Street’s popular restaurants and bars, and a quick ride from an array of cultural and tourist spots. With the MyCiti and City Sightseeing Red Tour Bus stops on your doorstep, your ticket to exploring the city awaits.

* 3-Minute Walk: Long Street, Tjing Tjing, Tigers Milk, Woolworths, Green Market Square, Langham House Coffee

* 5-Minute Walk: Clarke’s, VIXI Social House, Culture Wine Bar, Burger & Lobster, Villa 47, Iron Steak and Bar Restaurant

* Quick Uber Ride: Labia Theatre, Cape Town Stadium, Oranjezicht City Farm, V&A Waterfront, Table Mountain Cableway, Company Gardens

Exquisite Features: With a focus on luxury and convenience, this aparthotel boasts high-end finishes and exceptional attention to detail throughout. The ground floor features an open-plan lobby and a chic restaurant, perfect for casual dining or client meetings.

Additional features include: Professional concierge service, High-speed fibre, Bespoke furniture packs available, Parking available for purchase, Storerooms available for purchase

Your Next Investment Opportunity: The Charlotte offers an exceptional investment with Cape Town’s appeal as a world-class tourist destination. This development is ideal for both long and short-term rental opportunities, and investors can also take advantage of lucrative tax benefits as The Charlotte falls within the Urban Development Zone.

* Purchase on launch day and unlock a R100,000 discount

* 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 13.44% pa

* Short build time with expected completion Q4 2025

Sales Launch: With a limited number of apartments available to purchase at The Charlotte, the launch day is anticipated to draw a flurry of interested investors. Proactive investors can also capitalise on the incredible R100,000 launch discount for buyers who secure apartments on launch day.

What you need to know:

* Sales launch online at 1pm on Wednesday, 23 October 2024

* Unlock your R100,000 launch discount

* Get pre-qualified with the BetterBond

* Shortlist your favourite apartments ahead of the launch

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
74m²

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
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Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

53,459.59

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