The Carrington

£55,600
Cape Town, Cape-Town-City-Centre, South Africa
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Description

The Carrington is the latest premium boutique development in the heart of one of the world’s most-loved city centres. With only 49 apartments priced from R1,19million, The Carrington is an obvious choice for investors with projected net returns up to 9,7% pa.

Located in a sweet spot precinct of the City Centre, near all the amenities you could ask for including nearby on-trend restaurants, shops, malls and with easy access transport routes, The Carrington is the perfect addition to your property portfolio

Rooftop sunset terrace with:

• Yoga studio

• Outdoor seating area under lights • Co-working space

• Braai and entertainment area

UDZ & 13Sex tax incentives

Pet friendly* Terms & Conditions Apply

“The Carrington promises to be a game- changer in well-priced, conveniently located, premium apartments with easy access to the amazing amenities and attractions that this cosmopolitan city has to offer.” - Morne Moller, Director

The Carrington delightfully repurposes and celebrates the rich and varied heritage of the existing building and its immediate surrounds. The 1950’s elegance of the facades and interior will be restored and enhanced with a fresh layer of charm and authentic style through cutting-edge best practice. The result is the magic and character of a 370-year-old city, combined with on-point 21st century design and lifestyle features.

Each apartment exudes a high-end feel without tipping the price point and gives buyers an investment that can evolve alongside the city. Over and above the chic apartments, The Carrington also embraces a range of luxury amenities including a rooftop sun deck, 24hour concierge, restaurant, and co-working space.

High rental demand area

Pricing starting from R1 190 000

Fully furnished packages available

Short term rental friendly

Urban Development Zone tax benefits Section 13

Guaranteed rentals on select apartments Projected net yields from 7% pa

Short build time

Invest with one of Cape Town’s most reputable developers

The Carrington offers a secure investment opportunity with its high-end apartments, luxury amenities and coveted location. It lends itself to an upmarket short term rental apartment offering which, during the uncertain times of the pandemic, have proven more resilient and in demand than hotel rooms.

Using the concept of studio-apartment living ensures tenants an optimised and flexible space, while also catering for an entertainment and social lifestyle within the building’s premises.

Local Area Information

129 Bree St, Cape Town City Centre, Cape Town

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