Inside Quivertree
Quivertree apartment block in Stellenbosch offers the best of both worlds – a sense of small-town community and urban convenience – at the right price.
The block’s 102 sectional title units consist of 75 studio and 27 two-bedroom apartments. All units are tastefully furnished and ergonomically-designed, featuring modern open-plan kitchens with stainless steel fittings and appliances, electric hobs and ovens and quality flooring.
The spacious studios are 31 sqm. A two-bedroom unit is 50sqm and all units are allocated one parking bay.
The apartment block is sustainably-focussed, featuring solar roof installation, energy efficient heat pumps and a borehole filtration system.
The gem of the Cape
Stellenbosch is a sought-after property investment destination, offering a substantial capital growth opportunity.
The beautiful town lies in the heart of the world-famous Winelands. With its rich history and culture, its vibey university student life and proximity to the city and airport, it’s little wonder Stellenbosch is known as the gem of the Cape. It is also top on the list of favourite towns for local and international tourists and business travellers.
Student accommodation and short-term rental options in the area are in demand and usually in short supply. Quivertree provides great value with flexible accommodation options at an excellent price. It is poised for strong capital growth in the coming years, while also offering attractive initial rental returns.
A yield of 6% is guaranteed for the first year after all costs are deducted (including rates and levies).
Flexi-Living Apartments
Quivertree’s 102 flexi-living apartments are fully managed and serviced by an on-site team – WINK Aparthotels. Investors have access to many benefits, including furnished apartments at no additional cost, quality tenants, lower financial risk, higher returns and no admin.
The WINK Aparthotels group manages a collection of trendy aparthotel properties throughout the Western Cape. WINK Aparthotels provides travellers with the convenience of apartment living and the comfort and luxury of a hotel, all beautifully moulded into one.
As a hospitality subsidiary of the successful Flyt Property Group, WINK Aparthotels are positioned to deal with local and international affairs by keeping their finger on the pulse of both the hospitality and property investment sectors.
Under the WINK banner and part of the group’s offering is the WINK Café brand, which offers WINK Aparthotels’ residents easy access to a vibrant coffee shop and casual daytime eatery.
Section 12J Investment
As a serviced, short-term and student accommodation enterprise, Quivertree is Section 12J compliant. This means that SARS will finance up to 45% of the investment (depending on the investor’s marginal tax rate).
Investing through the Flyt Select Fund not only gives investors a tax break, but also the opportunity to choose the unit they would like to invest in and then, after the 5 year holding period, to own the property outright.
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We are always open to discussing new opportunities and ventures.