*** SOLE & EXCLUSIVE MANDATE ***
23 brand-new apartments. 98% tenanted. R2.7m+ gross annual income.
Invest where it counts. Copper Square is a fully operational, high-yield student accommodation building delivering proven returns in one of Cape Town's most dynamic neighbourhoods — with significant tax advantage.
Benefits:
- Fully furnished with curated, modern pieces
- Solar power — no load-shedding stress
- Ultra-fast fibre WiFi available
- On-site laundry facility
- High-level security & access control
- On-street parking & direct access to public transport
- UDZ Tax Incentive - Copper Square falls within Cape Town's Urban Development Zone, making it eligible for substantial tax allowances under Section 13quat of the Income Tax Act. Investors can write off a significant portion of the building's cost against taxable income — a powerful added benefit on top of an already compelling income-generating asset.
- Approved Sectional Title Plan - With an approved Sectional Title plan in place, this building offers exceptional flexibility. Acquire the entire block as a single investment with an option to Sectionalise.
The numbers speak for themselves 98% occupancy. Gross annual rental income exceeding R2.7 million. A near-fully tenanted asset (soon to be fully tenanted) with consistent demand driven by Cape Town's thriving student population.
With a location that works for everyone 1.5km to the Foreshore, 2.5km to the CBD, walking distance to public transport links serving UCT, CPUT, and beyond - this is ideal for thriving students.
Each apartment is thoughtfully designed to maximise space, light, and luxury — purpose-built to meet the needs of modern student living and retain long-term tenants.
VATable Sale — (R22,950,000 excl. vat) Potential Zero Rating:
This is a VATable transaction. Qualifying purchasers buying through a VAT-registered entity may be able to zero rate the transaction, effectively eliminating the VAT cost and meaningfully improving the overall return on investment. Prospective buyers are advised to consult their tax advisor to confirm eligibility.
Contact me to set up an appointment to view - you dont want to miss this one!