FindHomes
Western Cape
FindHomes
Western Cape
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R 699 000

Townsend Estate, Goodwood

1 1
20 m² interior34 950 R/m²

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What's Special

Cape vernacular style
Mezzanine loft design
Mountain views
Contemporary minimalist

Description

A Landmark Investment Opportunity in the Heart of Goodwood

Priced from R699 000 [Number of units: 6 ]

This New landmark development offers a rare opportunity to invest in modern, low-maintenance apartments in a high-demand rental market, with projected rental returns of approximately ±11% from day one.

Designed for both investors and first-time buyers, these contemporary apartments offer the perfect combination of lifestyle, rental income potential and long-term capital growth.

Invest 5 or More Units & Unlock Potential Tax Benefits

A key advantage for investors is the potential to qualify for the Section 13sex residential building allowance. Investors who own five or more qualifying residential units and meet the relevant SARS requirements may be able to claim an annual allowance of 5% of the qualifying cost over 20 years.

This makes the development particularly attractive to investors looking to build a larger property portfolio while potentially improving their overall after-tax investment returns.

Tax benefits are subject to SARS legislation and the investor's individual circumstances. Independent tax advice is recommended.

Development Highlights

• Modern 1-bedroom apartments
• ±11% projected rental return from day one
• Ideal for investors purchasing 5+ units
• Potential Section 13sex tax allowance for qualifying investors
• Contemporary open-plan living
• Private Juliette balconies
• Stylish wet-room bathrooms
• Excellent lock-up-and-go lifestyle
• Strong rental demand and long-term growth potential
• Conveniently located near transport, schools, shopping and major business hubs
• Secure development

Whether you're purchasing your first investment or looking to significantly expand your property portfolio, this development offers an exceptional opportunity to combine rental income, capital growth and potential tax efficiencies.

Ready to take the next step? A Reservation Agreement is the first step towards securing your preferred unit within this exciting new development. By placing a reservation, you can secure your chosen apartment while the necessary sales and legal processes are progressed. Enquire today for more information, availability and to receive the Reservation Agreement.

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Features

Modern Kitchen with Built-in Appliances
Spacious Master Suite
Covered Patio
Double Garage
Walk-in Closet
Home Office Space

Rooms

3 Bedrooms
2 Bathrooms
Kitchen
Lounge
Study

Price History

1 July '25

Reduced by R195,000

R1,000,000

-16.3%

4 June '25

Listed on FindHomes

R1,195,000

Location

Location map preview

Listed by

Quay 1
317 listings on FindHomes
Q5
Quay 1 Property Specialist 55
4 listings on FindHomes
Q6
Quay 1 Property Specialist 64
16 listings on FindHomes
JN
Justin Nortier

Free account. You’ll also see the original listing.

Listed by
Q5
Quay 1 Property Specialist 55
4 listings
Q6
Quay 1 Property Specialist 64
16 listings
JN
Justin Nortier

Free account. Chat to the agents on WhatsApp and see the original listing.

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How it compares in Townsend Estate

Based on 23 live for-sale listings in this suburb.

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See how this home compares

Rank it by price, price per m² and size against 23 listings in Townsend Estate.