Size from 42m² to 77m²
Residential Estate in Observatory
Located within Cape Town’s Urban Development Zone (UDZ), The Eden is not only a stunning residential opportunity, but a fantastic investment as well. The zone allows buy-to-let investors to claim a capital deduction / tax write-off on their purchase. Under the scheme, investors may write off 55% of the VAT inclusive purchase price over an 11-year period and offset their tax losses against other taxable income.
Besides such an economic benefit, the real charm of The Eden lies in its convenience and feeling of community. Set in the eclectic suburb of Observatory, the rich cultural heritage is supplemented by creative eateries and meeting places, not to mention grocery stores within walking distance. Nearby public transport ensures a green lifestyle and avoiding unnecessary fuel expenses for trips into the CBD and surrounding areas.
The sky deck with pool & braai facilities are sure to set the scene for many a sun-downer in the Cape Town summer, whilst the fitness centre ensures a healthy lifestyle and an opportunity to socialize with neighbours. In this technologically-driven age, residents are safe in the knowledge that backup generators won’t let you down when important emails are to be sent; all at incredible speed thanks to the fiber-optic internet connectivity.
Large terraces ensure a seamless transition from indoor to outdoor living and the North & north-east orientation makes the most of natural light and cool air off the Atlantic Ocean. From secure bicycle parking & recycling facilities to energy & water-saving initiatives, The Eden is a perfect location for the quintessential cosmopolitan Capetonian.
Security: Access control, electrified perimeter fencing, CCTV camera surveillance, 24-hour security patrols, concierge, secure parking for residents & visitors
Convenience: St. Peters Square Shopping Centre – 0.3km, Observatory KwikSpar – 0.4km, Cannons Creek Independent School – 5km, Western Province Prep – 7km, Netcare UCT Private Academic Hospital – 0.7km, UCT Main Campus – 2km, Cape Town CBD – 6km, Cape Town International Airport – 13km
- Secure Parking
- Bike Storage & Motorbike Bays
- Sky Deck with Pool & Braai Facility
- Fitness Centre
- Outdoor Relaxation Area
- Laundry Facilities
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Disclaimer: While every effort will be made to ensure that the information contained within the Gated Estates website is accurate and up to date, Gated Estates makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
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