WINK Aparthotel offers furnished apartments for COVID-19 quarantine stays

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WINK, a self-catering aparthotel located in the heart of the Mother City in Cape Town, has opened up 30 fully furnished, sanitised studio apartments for immediate occupation, for short- and long-stay rentals at discounted rates, for those affected by Covid-19 and the subsequent lockdown restrictions.

Preference will be given to people who qualify to be quarantined, for example healthcare professionals, repatriated citizens returning from high-risk countries and domestic travellers restricted by travel bans.   WINK’s location on the Foreshore is within walking distance of Netcare Christiaan Barnard Memorial Hospital for guests who require medical treatment and is minutes away from various retail outlets such as V&A Waterfront for guests to stock up on essentials.

The entire hotel has been ULV-fogged in line with National Health and Safety requirements and the stay includes a weekly cleaning service overseen and conducted by an assigned COVID-19 Health and Safety Officer.   Each spacious apartment comes fully furnished and is equipped with a compact kitchenette – they are fitted as self-catering units, but there is, however, the freedom and flexibility of opting for 3 x packaged meals per day, prepared and delivered by an accredited Covid-19 service provider; or guests can order in.

Zane de Decker, MD of Flyt Property Investment, who own and manage WINK Aparthotel, says, “Corporate South Africa and her people need to be doing what they can, however they can, to support those in need during this time of crisis – we are happy to be able to provide a safe place to stay for those seeking quarantine premises.”

Get in touch using one of the links below:

Lauren Barnard
www.winkaparthotel.co.za
bookings@flytproperty.co.za

Ubuntu Beds
https://www.ubuntubeds.org

Airbnb
https://www.airbnb.co.za

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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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