City Apartment for Sale

BlackBrick Cape Town City is a secure residential estate located in the Cape Town City Centre. It is part of the BlackBrick apartment hotel group, which is known for its high occupancy rates and growing popularity in South Africa.

According to the information provided, BlackBrick Foreshore achieved impressive occupancies in the industry, with an average monthly occupancy rate of 87% between September, October, November, and December 2022. The highest month recorded a 96% occupancy rate, indicating a strong demand for the property.

As a testament to their confidence in their performance, BlackBrick is offering an above-market guaranteed return on investment (ROI) of 10% for the first year. This means that investors can expect a fixed 10% return on their investment for the initial year.

Here are some key details about the limited offer:

The guaranteed 10% yield applies to select apartments only.
The ROI is calculated based on the full purchase price, including furniture.
Terms and conditions (T's & C's) will apply, so it's essential to review and understand them before proceeding with the investment.
Apart from the attractive investment opportunity, BlackBrick Cape Town City offers a range of lifestyle facilities within the development. These amenities include a gym, cinema, library, workspaces, boardrooms, and a rooftop terrace. The building is located at the intersection of St Georges Mall and the Fan Walk, in close proximity to popular attractions such as Greenmarket Square, the CTICC (Cape Town International Convention Centre), the Company Gardens, and numerous restaurants, cafes, and shops. The renowned V&A Waterfront is also conveniently situated just 950 meters away.

Property Reference #: RL42

Agent Details:
Yaghya Damon
Hosted Property Sales
The Storey Real Estate
Shop 103B Cape Quarter
27 Somerset Road
De Waterkant