27 Alma Road | Rosebank | Cape Town

Prices range from R2 107 380 for a one-bedroom apartment, from R2 930 895 for a two-bedroom apartment and R6 129 816 for a three-bedroom townhouse

27 Alma Road | Rosebank
Cape Town

Prices range from R2 107 380 for a one-bedroom apartment, from R2 930 895 for a two-bedroom apartment and R6 129 816 for a three-bedroom townhouse

WELCOME TO THE ROSE BANK

Cape Town’s Southern Suburbs have a magical appeal that never fails. This suburban cornerstone of all things Capetonian continues to be a fashionable residential area for young professionals and families to find a home and settle. With a rich history dating back to the 17th century, Rosebank is one of the most picturesque and charming neighbourhoods in Cape Town, synonymous with growth and progress.

The Rose Bank, Flyt’s 16-unit residential property situated on the well-known Alma Road, has been meticulously planned. The Flyt team has taken every consideration into account in producing a fitting and progressive offering to the area. The Rose Bank marries character and modern luxury for residents and investors alike.

IN THE HEART OF ROSEBANK AT THE CORNER OF ALMA ROAD AND LIESBEEK PARKWAY
WELCOME TO THE ROSE BANK

Cape Town’s Southern Suburbs have a magical appeal that never fails. This suburban cornerstone of all things Capetonian continues to be a fashionable residential area for young professionals and families to find a home and settle. With a rich history dating back to the 17th century, Rosebank is one of the most picturesque and charming neighbourhoods in Cape Town, synonymous with growth and progress.

The Rose Bank, Flyt’s 16-unit residential property situated on the well-known Alma Road, has been meticulously planned. The Flyt team has taken every consideration into account in producing a fitting and progressive offering to the area. The Rose Bank marries character and modern luxury for residents and investors alike.

MODERN LIVING

Taking inspiration from the heritage of the area, the project is designed by renowned architect Sebastian van Greunen. This magnificent offering has been created with urbane and masterful elements, from the striking architectural features of the exterior to the high-quality interior fittings and fixtures. Flyt has thought about everything – in detail!

In keeping with the allure of the Victorian surroundings and to pay tribute to its rich heritage, original features with a modern twist, such as bay windows and architraves, have been chosen to bring authenticity to the development. The result is modern living that oozes personality, sophistication and style.

SOPHISTICATED, SUBURBAN LIVING IN THE HEART OF CAPE TOWN’S QUAINTEST, VICTORIAN SUBURB
MODERN LIVING

Taking inspiration from the heritage of the area, the project is designed by renowned architect Sebastian van Greunen. This magnificent offering has been created with urbane and masterful elements, from the striking architectural features of the exterior to the high-quality interior fittings and fixtures. Flyt has thought about everything – in detail!

In keeping with the allure of the Victorian surroundings and to pay tribute to its rich heritage, original features with a modern twist, such as bay windows and architraves, have been chosen to bring authenticity to the development. The result is modern living that oozes personality, sophistication and style.

SOPHISTICATED, SUBURBAN LIVING IN THE HEART OF CAPE TOWN’S QUAINTEST, VICTORIAN SUBURB
FEATURES
  • 16 upmarket, fully furnished, serviced units (41m² – 125m²) comprising 12 apartments and 4 townhouses
  • Prices range from R2 107 380 for a one-bedroom apartment, from R2 930 895 for a two-bedroom apartment and R6 129 816 for a three-bedroom townhouse
  • Ground floor apartments have private gardens
  • Secure, private, exclusive-use parking bays
  • Outdoor, shared, contemporary entertainment area
  • On-site storage facilities
  • Fibre & DStv ready
FEATURES
  • 16 upmarket, fully furnished, serviced units (41m² – 125m²) comprising 12 apartments and 4 townhouses
  • Prices range from R2 107 380 for a one-bedroom apartment, from R2 930 895 for a two-bedroom apartment and R6 129 816 for a three-bedroom townhouse
  • Ground floor apartments have private gardens
  • Secure, private, exclusive-use parking bays
  • Outdoor, shared, contemporary entertainment area
  • On-site storage facilities
  • Fibre & DStv ready
LOCATION AND LIFESTYLE

Situated at the corner of Alma Road and Liesbeek Parkway, The Rose Bank’s location in the heart of one of Cape Town’s quaintest suburbs offers sophisticated, convenient, modern living with access to some of the top schools in the City and within walking distance of the iconic University of Cape Town. The Liesbeek River flows through Rosebank, creating a popular green belt peppered with parks, golf courses and verdant running, walking and hiking trails. Cavendish Square shopping centre is a popular stop for residents in the area, as are the many local restaurants, cafés and delis. Its location also offers quick access to the City of Cape Town and Groote Schuur Hospital.

LOCATION AND LIFESTYLE

Situated at the corner of Alma Road and Liesbeek Parkway, The Rose Bank’s location in the heart of one of Cape Town’s quaintest suburbs offers sophisticated, convenient, modern living with access to some of the top schools in the City and within walking distance of the iconic University of Cape Town. The Liesbeek River flows through Rosebank, creating a popular green belt peppered with parks, golf courses and verdant running, walking and hiking trails. Cavendish Square shopping centre is a popular stop for residents in the area, as are the many local restaurants, cafés and delis. Its location also offers quick access to the City of Cape Town and Groote Schuur Hospital.

CLOSE TO

Rondebosch Common
Rondebosch Restaurant Strip
Newlands Forest
Rondebosch Boys High School
Rustenberg Girls High School
Baxter Theatre
Western Cape Cricket Grounds
Cavendish Square
University of Cape Town
V&A Waterfront
Sea Point Promenade
Table Mountain National Park

550 m
1.7 km
1.7 km
1.7 km
1.9 km
2.5 km
2.7 km
3.8 km
4.4 km
10.1 km
12.7 km
12.9 km

CLOSE TO

Rondebosch Common   550 m
Rondebosch Restaurant Strip   1.7 km
Newlands Forest   1.7 km
Rondebosch Boys High School   1.7 km
Rustenberg Girls High School   1.9 km
Baxter Theatre   2.5 km
Western Cape Cricket Grounds   2.7 km
Cavendish Square   3.8 km
University of Cape Town   4.4 km
V&A Waterfront   10.1 km
Sea Point Promenade   12.7 km
Table Mountain National Park   12.9 km

INVEST IN THE ROSE BANK

The Flyt Select Fund gives investors 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 of 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 this tax incentive.

INVEST IN THE ROSE BANK

The Flyt Select Fund gives investors 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 of 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 this tax incentive.

RENTAL POOL

BUY TO LIVE OR LET

Investors are welcome to purchase a conventional apartment and manage it themselves, however Flyt does offer a hands-off option via their on-site managed rental pool.

FULLY MANAGED OPTION

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

INVESTOR BENEFITS

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

*Terms and conditions apply.

RENTAL POOL

BUY TO LIVE OR LET 

Investors are welcome to purchase a conventional apartment and manage it themselves, however Flyt does offer a hands-off option via their on-site managed rental pool.

FULLY MANAGED OPTION

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

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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GET IN TOUCH
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.