150 BUITENGRACHT STREET | BO-KAAP | CAPE TOWN

Prices range from R1 064 000 for a studio to R2 144 000 for a two-bedroom unit

150 BUITENGRACHT STREET | BO-KAAP
CAPE TOWN

Prices range from R1 064 000 for a studio to R2 144 000 for a two-bedroom unit

WELCOME TO 150 BUITEN

Located at 150 Buitengracht Street in the iconic suburb of Bo-Kaap in Cape Town’s CBD, 150 Buiten is a perfect union of modern living, with all the romance and nostalgia of a historic and bustling neighbourhood.

With beautiful views of Table Mountain, Signal Hill and Table Bay, this is a rare opportunity to invest in a progressively new and alternative hospitality offering. Following international tourism trends, Flyt have come up with a very distinctive concept for a luxury aparthotel-style offering in this mixed-use development. The impressive mid-rise property boasts an interactive retail space that will host a WINK Café and reception areas as well as creative work-from-hotel spaces.

WELCOME TO 150 BUITEN

Located at 150 Buitengracht Street in the iconic suburb of Bo-Kaap in Cape Town’s CBD, 150 Buiten is a perfect union of modern living, with all the romance and nostalgia of a historic and bustling neighbourhood.

With beautiful views of Table Mountain, Signal Hill and Table Bay, this is a rare opportunity to invest in a progressively new and alternative hospitality offering. Following international tourism trends, Flyt have come up with a very distinctive concept for a luxury aparthotel-style offering in this mixed-use development. The impressive mid-rise property boasts an interactive retail space that will host a WINK Café and reception areas as well as creative work-from-hotel spaces.

UNRIVALLED LOCATION

Bo-Kaap holds a wonderful historical tale and this project has been a labour of love for the Flyt team. Together with architect Sebastian van Greunen, they have successfully re-imagined the previously derelict and vacant pocket of land and tailored it by embracing all things future, whilst consciously considering Cape Town’s multifaceted past. The spectacular design was conceptualised with the resident in mind and will offer an array of amenities, including a vibrant rooftop entertainment area, private dining rooms, co-working lounges and a terrace with a pool.

UNRIVALLED LOCATION

Bo-Kaap holds a wonderful historical tale and this project has been a labour of love for the Flyt team. Together with architect Sebastian van Greunen, they have successfully re-imagined the previously derelict and vacant pocket of land and tailored it by embracing all things future, whilst consciously considering Cape Town’s multifaceted past. The spectacular design was conceptualised with the resident in mind and will offer an array of amenities, including a vibrant rooftop entertainment area, private dining rooms, co-working lounges and a terrace with a pool.

FEATURES
  • 78 stylish, fully furnished and serviced units comprising studio and two-bedroom apartments with private balconies
  • Prices range from R1 064 000 for a studio to R2 144 000 for a two-bedroom unit
  • Modern influences, striking architectural features and high-quality interior and exterior fittings and fixtures
  • In-room kitchen facilities
  • Open–plan layout (studio apartments)
  • Lounge & kitchen (one-bedroom apartments)
  • Modern and versatile flooring
  • Breathtaking lighting
  • 24-hour security
  • Wink Café
  • Lobby
  • Entertainment deck
FEATURES
  • 78 stylish, fully furnished and serviced units comprising studio and two-bedroom apartments with private balconies
  • Prices range from R1 064 000 for a studio to R2 144 000 for a two-bedroom unit
  • Modern influences, striking architectural features and high-quality interior and exterior fittings and fixtures
  • In-room kitchen facilities
  • Open–plan layout (studio apartments)
  • Lounge & kitchen (one-bedroom apartments)
  • Modern and versatile flooring
  • Breathtaking lighting
  • 24-hour security
  • Wink Café
  • Lobby
  • Entertainment deck
LOCATION AND LIFESTYLE

150 Buiten is situated on the outskirts of the incredibly vibrant and fascinating Bo-Kaap neighbourhood. The property is within walking distance of the city’s best restaurants and shopping areas in Bree Street, Long Street and the Waterfront, and less than an Uber away from the Cape Town International Convention Centre and Cape Town Stadium.

LOCATION AND LIFESTYLE

150 Buiten is situated on the outskirts of the incredibly vibrant and fascinating Bo-Kaap neighbourhood. The property is within walking distance of the city’s best restaurants and shopping areas in Bree Street, Long Street and the Waterfront, and less than an Uber away from the Cape Town International Convention Centre and Cape Town Stadium.

CLOSE TO

Long Street
Zeitz Mocaa Museum
V & A Waterfront
CTICC
Cape Town Stadium
Table Mountain Aerial Cableway
Sea Point Promenade
Signal Hill
Clifton Beach

700m
2km
2.1km
2.3km
2.9km
4.5km
4.9km
6.2km
6.2km

CLOSE TO

Long Street    700m
Zeitz Mocaa Museum    2km
V & A Waterfront    2.1km
CTICC    2.3km
Cape Town Stadium    2.9km
Table Mountain Aerial Cableway    4.5km
Sea Point Promenade    4.9km
Signal Hill    6.2km
Clifton Beach    6.2km

INVEST IN 150 BUITEN

With investment exclusively through the Flyt Select Fund, investors get a substantial tax break as well as a pre-approved investment unit. The investor can finance it themselves, or get up to 95% funding, if approved. Flyt has partnered with Anuva Investments, a highly recognised Section 12J company, to provide their investors with an exceptional tax-efficient structure that allows them to use their SARS tax refund towards their investment and then assists in financing the rest – investors get up to 45% back.

Section 12J of the Income Tax Act was introduced in 2009 to encourage South African taxpayers to invest in local companies and receive a 100% tax deduction on the value of their investment. The investor receives a share certificate together with a tax certificate, allowing the invested amount to be deducted from the investor’s taxable income, in the year that the investment is made. To date, South Africans have invested an estimated R10 billion into the 12J sector. The deadline for participation is 30 June 2021, making this the last chance for investors to take advantage of the tax incentive. 

INVEST IN 150 BUITEN

With investment exclusively through the Flyt Select Fund, investors get a substantial tax break as well as a pre-approved investment unit. The investor can finance it themselves, or get up to 95% funding, if approved. Flyt has partnered with Anuva Investments, a highly recognised Section 12J company, to provide their investors with an exceptional tax-efficient structure that allows them to use their SARS tax refund towards their investment and then assists in financing the rest – investors get up to 45% back.

Section 12J of the Income Tax Act was introduced in 2009 to encourage South African taxpayers to invest in local companies and receive a 100% tax deduction on the value of their investment. The investor receives a share certificate together with a tax certificate, allowing the invested amount to be deducted from the investor’s taxable income, in the year that the investment is made. To date, South Africans have invested an estimated R10 billion into the 12J sector. The deadline for participation is 30 June 2021, making this the last chance for investors to take advantage of the tax incentive. 

RENTAL POOL

The apartments form part of a rental pool that is fully managed by WINK Aparthotels’ on-site management team. Investors step into a hassle-free property investment that, with no extra cost, includes:

  • A beautifully finished and furnished unit
  • Quality tenants
  • No risk
  • No admin
  • High returns

All apartments are purchased on a fully managed, buy to-let basis, so your investment is in good hands.

MORE GOOD NEWS

An investment in 150 Buiten has been structured to include a 10 year rental guarantee of 8,5% per annum. That’s a guaranteed yearly return of 8,5% for 10 years from the date of transfer!

INVESTOR BENEFITS

  • 14 days own use per year (out of season)
  • Owner rate during season (30% discount)

*Terms and conditions apply

RENTAL POOL

The apartments form part of a rental pool that is fully managed by WINK Aparthotels’ on-site management team. Investors step into a hassle-free property investment that, with no extra cost, includes:

  • A beautifully finished and furnished unit
  • Quality tenants
  • No risk
  • No admin
  • High returns

All apartments are purchased on a fully managed, buy to-let basis, so your investment is in good hands.

MORE GOOD NEWS

An investment in 150 Buiten has been structured to include a 10 year rental guarantee of 8,5% per annum. That’s a guaranteed yearly return of 8,5% for 10 years from the date of transfer!

INVESTOR BENEFITS

  • 14 days own use per year (out of season)
  • Owner rate during season (30% discount)

*Terms and conditions apply

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DISCLAIMER

The information contained on this website is for illustration purposes only and is subject to change. Changes may be made during the further planning or development stages and are at the discretion of the Developer. Whilst all reasonable care has been taken in providing this information, the Developer, its related companies and their representatives, consultants and agents accept no responsibility for the accuracy of any information contained herein.

DISCLAIMER

The information contained on this website is for illustration purposes only and is subject to change. Changes may be made during the further planning or development stages and are at the discretion of the Developer. Whilst all reasonable care has been taken in providing this information, the Developer, its related companies and their representatives, consultants and agents accept no responsibility for the accuracy of any information contained herein.

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WHAT IS SECTION 12

Section 12J of the Income Tax Act – the most efficient tax saving tool, provided by SARS and government that allows you to hold on to your tax cash while investing it wisely.

The section specifically aims to help the growth of small and medium sized businesses by increasing their access to equity finance. To attract investors into this typically under-funded sector, which is imperative for driving economic growth, SARS has written Section 12J into the Tax Act, which offers taxpayers a 100% tax deduction in the year of investment if they invest in SMMEs by way of subscription of shares in a Section 12J Venture Capital Company.

Flyt’s Section 12J compliant property developments give investors the full 12J tax deduction, allowing them to put this saving/refund towards their property purchase. This means that SARS will effectively fund up to 45% of the purchase price of the property.