Situated in lower Gardens with a two outdoor spaces, high ceilings and views of Table Mountain, an ideal first home with natural light in a well managed building that has architecture referencing the heritage of the area. BlackBrick has 6 locations around South Africa, buying here gets benefits and 10 nights free stays around the country. This is a the premium BlackBrick option here in Cape Town. Hotel schemes in Cape Town have been growing in popularity as the hands off management, strong maintenance and returns have driven prices through the roof. Similarly, boutique hotels in Gardens, including BlackBrick Gardens have been performing well. The properties in this block, after summer, will likely be taken off the market as this IS a premium project, the kitchens are Caesarstone, the furniture is well thought out and impresses in person and the nightly rate for the hotel is strong and aligned with a 10% nett return of R230 000 for the year on the asset with a little wiggle room in pricing. This particular unit has a side window - most don't as they are between other units, it is sheltered from the wind and it is well positioned as a hands off investment.
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