100%
tax deductible
Luxury beachfront apartments now selling from
from R1 999 000

Invest in the Southernmost tip of the African continent, where the Atlantic and Indian oceans meet.

Invest in the Southernmost tip of the African continent, where the Atlantic and Indian oceans meet.

About

The latest Devco Group property development, Admiral Beach is proud to announce its partnership with Afrirent Holdings (Pty) Ltd a 100% proudly black female owned fleet management company and newest entrant into the Southern African Hospitality Industry. Afrirent Holdings’ through their WINK management company will manage the apartments under an agreement from the owners which is part of this mixed-use development. The luxury serviced apartments will be the first phase of this project, the southernmost beachfront apartment development in Africa.

With more than 200,000 people visiting the southernmost tip of the African continent each year, the Admiral Beach Apartments will be perfectly located to accommodate travellers, enjoying the facilities offered by these, as well as the myriad of activities offered in the area.

About

The latest Devco Group property development, Admiral Beach is proud to announce its partnership with Afrirent Holdings (Pty) Ltd a 100% proudly black female owned fleet management company and newest entrant into the Southern African Hospitality Industry. Afrirent Holdings’ through their WINK management company will manage the apartments under an agreement from the owners which is part of this mixed-use development. The luxury serviced apartments will be the first phase of this project, the southernmost beachfront apartment development in Africa.

With more than 200,000 people visiting the southernmost tip of the African continent each year, the Admiral Beach Apartments will be perfectly located to accommodate travellers, enjoying the facilities offered by these, as well as the myriad of activities offered in the area.

Location

Cape Agulhas is famed for its natural beauty, home to some of the longest white beaches in the southern hemisphere, safe swimming, fishing and shipwreck diving. A private airstrip located nearby at Tsaba-Tsaba in Struisbaai and located close to Cape Town International Airport a mere 200 km away, it is also very accessible by either commercial or private air travel.

Struisbaai is appropriately dubbed the coastal Mecca of the southern Overberg. Here, the pearly white sands stretch for 14 kilometres along South Africa’s spectacular shoreline, all the way to Arniston. Planned for the heart of this beach paradise, Admiral Beach Apartments takes advantage of the unique scenic beauty of the Cape Agulhas region – azure skies, unspoilt beaches, indigenous vegetation, and a rich human heritage.

Location

Cape Agulhas is famed for its natural beauty, home to some of the longest white beaches in the southern hemisphere, safe swimming, fishing and shipwreck diving. A private airstrip located nearby at Tsaba-Tsaba in Struisbaai and located close to Cape Town International Airport a mere 200 km away, it is also very accessible by either commercial or private air travel.

Struisbaai is appropriately dubbed the coastal Mecca of the southern Overberg. Here, the pearly white sands stretch for 14 kilometres along South Africa’s spectacular shoreline, all the way to Arniston. Planned for the heart of this beach paradise, Admiral Beach Apartments takes advantage of the unique scenic beauty of the Cape Agulhas region – azure skies, unspoilt beaches, indigenous vegetation, and a rich human heritage.

Serviced Apartments

The ground floor of the property will offer a reception area, top-class restaurant, sheltered deck and heated pool, as well as indoor and outdoor bar areas. It will also offer services such as a business centre, conference facilities and venue for weddings and other events.

Each of the luxuriously 127 serviced apartments comprise of a mixture of studio and one bedroom apartments with interlinking options. The first phase of development will boast a spectacularly designed reception area in the calming tones of the sea and sand, sky and water, to welcome guests into the apartment reception, conference areas and meeting rooms.

The apartments will have their own separate security-controlled entrance through a reception area, as well as elevators giving access to the apartments, and allocated basement and undercover vehicle parking.

Serviced Apartments

The ground floor of the property will offer a reception area, top-class restaurant, sheltered deck and heated pool, as well as indoor and outdoor bar areas. It will also offer services such as a business centre, conference facilities and venue for weddings and other events.

Each of the luxuriously 127 serviced apartments comprise of a mixture of studio and one bedroom apartments with interlinking options. The first phase of development will boast a spectacularly designed reception area in the calming tones of the sea and sand, sky and water, to welcome guests into the apartment reception, conference areas and meeting rooms.

The apartments will have their own separate security-controlled entrance through a reception area, as well as elevators giving access to the apartments, and allocated basement and undercover vehicle parking.

Features
  • State-of-the-art 24/7 security with biometric access
  • Commercial hub, including medical suites
  • Clubhouse
  • Entertainment area
  • Pool and braai facilities
  • Top-class restaurant
  • Indoor and outdoor bar areas
  • Conference areas and meeting rooms
Features
  • State-of-the-art 24/7 security with biometric access
  • Commercial hub, including medical suites
  • Clubhouse
  • Entertainment area
  • Pool and braai facilities
  • Top-class restaurant
  • Indoor and outdoor bar areas
  • Conference areas and meeting rooms
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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.