Size from 41m² to 99m²
Affordable Modern Apartments with Views
Price includes VAT (no transfer duty)
Situated near the mountainside and just five blocks from the rejuvenated Cape Town city centre, it is clear why Castle Rock is cited as one of most prime and convenient new development locations. Cape Town International airport is just 20 minutes away, and the Atlantic seaboard, harbour, Waterfront and city congestion are a thing of the past. And should you need to shake off the stress of the working day, you can simply don some running shoes and jog straight from your apartment to Table Mountain's walking and running trails just 2kms away. For parents with children looking to study in Cape Town, Castle Rock presents a convenient and prudent investment opportunity. Close to a number of tertiary institutions, students can move fluidly between their studies and the many cycling and walking trails that the mountain has to offer. And when it's time for them to kick back and relax, there are a plethora of restaurants, bars and coffee shops for the young up-and-coming to enjoy, all within a 1 km radius of the development.
A ROCK SOLID INVESTMENT
Potential investors are assured of excellent returns on a development that is close to most major tourist attractions. Globally, history has shown that rejuvenated city centres offer significant capital growth, and Castle Rock is one such opportunity not to be missed. Current apartment sales within a 1km radius of Castle Rock are sold at R50 000 m2.
Utilising current trends and growth rates, below is the projected growth from inception in 2016 to delivery in 2018 on the purchase of a R2 million apartment:
Deposit: R200 000
Growth: At 15% growth per annum is R300 000 our initial R200 000 investment will be worth R800 000 upon transfer.
And should you wish, thanks to the international tourist market, AirBnB offers further income opportunities.
- Near Table Mountain and the City Centre
- Proximity to major attractions
- Goodbye to traffic jams
- Quick access to public transport & The Cape Town International Airport
- Good security
- High investment return
- Entry into the Cape Town Property Market
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Disclaimer: While every effort will be made to ensure that the information contained within the Dogon Group Properties website is accurate and up to date, Dogon Group Properties 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.
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