1 Bed Apartment in Cape Town City Centre

Price: R3.549 Million - VAT Included - No Transfer Duty

Estimated occupation mid May 2024

1 Bedroom

1 Bathroom

1 parking bay

Situated on the 24th floor

Unit size: 52sqm + 9sqm balcony = total 61sqm

Continuous concierge security services available 24/7.

Access granted to communal rooftop pool, sundeck, and braai area.

Expected annual rental income: R389,595.

Projected return on investment: 9%.

Friendly to short-term rentals.

Location:

Positioned at the intersection of Loop Street and Riebeek Street, within Cape Town''s burgeoning financial district, The Rubik caters to those with a penchant for elegant, distinctive, and contemporary architecture. Offering a premium selection of penthouses, apartments, offices, retail spaces, and dining establishments, The Rubik appeals to both homeowners and investors alike. Boasting exquisite design, a prime location, and world-class amenities, The Rubik stands out as a premier choice. Loop Street epitomizes Cape Town''s cosmopolitan lifestyle, renowned for its lively nightlife, historic charm, art galleries, antique stores, and an array of dining options.

Surroundings:

Residing at The Rubik means being in close proximity to the mesmerizing ocean, pristine beaches, iconic Table Mountain, indigenous fynbos, wildlife, striking architecture, and the renowned Winelands, all within an hour''s reach. Cape Town undeniably ranks among the most captivating cities worldwide. Meticulously curated finishes, incorporating elements like wood, stone, and glass, perfectly complement The Rubik''s contemporary design, reflecting the meticulous craftsmanship evident throughout these sophisticated apartments.

Features:

The Rubik also offers premium office and retail spaces, along with dining and entertainment options. Enhanced by 24/7 concierge security and secure parking facilities, The Rubik stands as a testament to modern architectural excellence in a city celebrated for its style. Completion is anticipated in the first quarter of 2024, promising significant value for early investors.

Registered with the PPRA