Eaton Square prepares units for COVID 19 quarantine stays

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Flyt Property Investment’s recently launched Eaton Square in Diep River has made units available to those affected by COVID 19. These new, furnished apartments have been suitably sanitised and prepared for immediate occupation.

Preference will be given to those who qualify to be quarantined (returning from high risk countries), medical professionals or those who have been adversely affected by restricted travel plans, with units being available on a daily or weekly basis at significantly reduced rates.

Located in the heart of Constantia Valley, Eaton Square is close to top medical facilities (Constantia Medi Clinic and Tokai Melomed) and within 5 mins of Constantia Emporium and Contantia Village, should guests need any essentials or medical attention.

Eaton Square already has a meal delivery service available to tenants, fast and stable WiFi connectivity as well as a weekly cleaning service.

“As newcomers to the community we wish to help in any way we can during this crisis,” says Ryan Flowers, Sales and Development Manager at Flyt Property Investment.

Get in touch using one of the links below:
www.eatonsquare.co.za
ryan@flytproperty.co.za
http://airbnb.com/h/eatonsquare104
https://www.airbnb.com/rooms/41545988?s=13&shared_item_type=1&virality_entry_point=

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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.

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