THE UPWOOD
THE UPWOOD
“Truly an everlasting Masterpiece”
Inspired by the majestic panoramic views of the Atlantic, this architectural showpiece of design and craftmanship will amplify true luxury and perfect the ultimate lifestyle. These magnificent North facing residences feature, incredible views, abundance of glass, overflow of natural light and exceptional finishes. Relax at world-renowned beaches, dine at sought-after restaurants, and shop at the V&A waterfront, all at your doorstep.
- 5 Superior, Sea View, Apartments
- 8 Ocean View Drive Green Point
- Price Ranges from R10.35m – R16.45m
GALLERY
Click on photo to View the Interior Gallery
Click on photo to View the Exterior Gallery
DEVELOPMENT FEATURES
North Facing
Protected Sea & Mountain Views
Full backup Power
Secure Parking
Management Service Available
Interior Design Services Available
North Facing
Protected Sea & Mountain Views
Full backup Power
Secure Parking
Management Service Available
Interior Design Services Available
Gym
Excellent Security
Home Automation Available
Store Rooms
Spacious Balconies
Gym
Excellent Security
Home Automation Available
Store Rooms
Spacious Balconies
Unit 402
4th Storey | 3 Bed | 4 Baths | 2 Parking | 10m2 Storage
Levies: R 6302
Rates: R 6872
Total Size: 192m2
Est Net Income: R122,050
Capital Growth: +-8%
Total Annual ROI: 16.90%
Click on Photo to Enlarge
Unit 401
4th Storey | 3 Bed | 4 Baths | 2 Parking | 5m2 Storage
Levies: R 5786
Rates: R 6120
Total Size: 172m2
Est Net Income: R113,633
Capital Growth: +-8%
Total Annual ROI: 17.31%
Click on Photo to Enlarge
Unit 302
3rd Storey | 3 Bed | 4 Baths | 2 Parking | 8m2 Storage
Levies: R 6474
Rates: R 5995
Total Size: 195m2
Est Net Income: R112,050
Capital Growth: +-8%
Total Annual ROI: 17.37%
Click on Photo to Enlarge
Unit 301
3rd Storey | 2 Bed | 3 Baths | 2 Parking | 6m2 Storage
Levies: R 5132
Rates: R 4324
Total Size: 154m2
Est Net Income: R76,967
Capital Growth: +-8%
Total Annual ROI: 16.92%
Click on Photo to Enlarge
LOCATION, LOCATION, LOCATION
This development is situated at 8 Ocean View Drive, Upper Green Point, which is one of most desirable destinations in the world.
The Atlantic Seaboard is known as Cape Town’s ‘Riviera’, running from the V&A Waterfront on the north shore of Table Mountain all the way down to Hout Bay. This much-loved stretch encompasses the vibey and popular Green Point situated between the V&A Waterfront and Sea Point Promenade. From all the Atlantic Seaboard nodes, Upper Green Point boasts the best view and the best logistical location for travellers or corporates.
Cape Town Stadium and Green Point Urban Park are just a few of the endless attractions this fabulous neighbourhood has to offer.
Incredible views, abundance of glass, overflow of natural light and exceptional finishes. Relax at world-renowned beaches, dine at sought-after restaurants, and shop at the V&A waterfront, all at your doorstep.
- 5.5km Clifton beach
- 2.1km Metropolitan Golf Club
- 2.1km Mouille Point Beach
- 800m School
- 2km Cape Town
- 1.6km City Centre
- 2.2km Green Point park
- 1.9km V&A Waterfront
- 2.6km Sea Point Promenade
- 1.3km Cape Quarter Lifestyle Village
- 2.5km CTICC
- 5.7km Lions Head
5.5km Clifton beach
2.1km Metropolitan Golf Club
2.1km Mouille Point Beach
800m School
2km Cape Town
1.6km City Centre
2.2km Green Point park
1.9km V&A Waterfront
2.6km Sea Point Promenade
1.3km Cape Quarter Lifestyle Village
2.5km CTICC
5.7km Lions Head
Please continue to explore this AMAZING Neighbourhood by visiting: http://www.capetown.travel
INVEST
“ It’s official; Cape Town is the best city in Africa”, according to the 2023 World Travel Awards (dubbed the Oscars of the travel industry). Cape Town International Airport named Africa’s leading airport, and the Port of Cape Town awarded Africa’s Leading Cruise Port 2023. Cape Town has even been placed fourth in the ranking of Best Big Cities around the globe in the 2023 Conde Nast Traveler Readers’ Choice Awards.
“Cape Town is a modern, cosmopolitan city surrounded by nature. Centred around Table Mountain, one of the New 7 Wonders of the world, the Mother City is known for its beautiful beaches, stunning biodiversity, award-winning food and wine, and sheer variety of experiences on offer”,
TAKE NOTE OF THE FOLLOWING:
- Exclusive and High-demand, Short-Term Rental Area (AIRBNB)
- Hassle-free turnkey investment with Full Managed Services available.
- Historic Average Capital Growth in the Area = 8%
- Accurate projected Short Term Net Rental Yield = 9%
- Expected NET Yields = > 17%
- Vat inclusive & no transfer duties
The Development team
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