{"id":721192,"date":"2023-09-27T08:46:05","date_gmt":"2023-09-27T06:46:05","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=721192"},"modified":"2023-09-27T08:46:11","modified_gmt":"2023-09-27T06:46:11","slug":"venice-house-36-beautiful-cape-town-heritage-apartments-launching-soon","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/721192\/venice-house-36-beautiful-cape-town-heritage-apartments-launching-soon\/","title":{"rendered":"Venice House &#8211; 36 beautiful Cape Town heritage apartments launching soon"},"content":{"rendered":"<p>Step into a new era of city living at Venice House, a re-imagined boutique development that celebrates the rich heritage and architecture of this almost century old building and it\u2019s surrounds.<\/p>\n<p>Located in the heart of Cape Town&#8217;s highly cherished, tourist-filled City Centre, this exclusive investment opportunity is brought to you by Prospekt Property Development.<\/p>\n<h3 class=\"my-4\">Venice House Overview<\/h3>\n<ul>\n<li>36 Apartments with Studios, One &amp; Two Beds<\/li>\n<li>Sales go live on Wednesday, 4 October 2023 at 1pm<\/li>\n<li>Priced from R1,5 million \u2013 R6 million<\/li>\n<li>Aparthotel-ready<\/li>\n<li>24 Burg Street, Cape Town<\/li>\n<\/ul>\n<p><a href=\"https:\/\/venicehouse.co.za\/?utm_source=+BusinessTech+Article\" target=\"_blank\" rel=\"noopener\"><strong>Click here to explore this magnificent development<\/strong><\/a><\/p>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-203-Short.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-350044 alignnone\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-203-Short.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">Heritage appeal with luxury in every direction<\/h3>\n<p>A tour of Venice House starts in the grand entrance foyer with domed ceiling, a 24-hour concierge ahead, and an artisanal deli and coffee shop on your left.<\/p>\n<p>Heading past the lobby you\u2019ll find a nostalgic staircase down to the European-style basement loft apartments and inhouse gym.<\/p>\n<p>Venturing up you\u2019ll discover beautifully designed studios and one bedroom apartments.<\/p>\n<p>Crowning this splendid symphony are two penthouses on the top floor, their spacious terraces offering panoramic views of the dynamic cityscape.<\/p>\n<ul>\n<li>Basement Lofts from R1,770,000<\/li>\n<li>Studios from R1,425,000<\/li>\n<li>One Beds from R1,575,000<\/li>\n<li>Penthouses from R5,925,000<\/li>\n<\/ul>\n<p><a href=\"https:\/\/venicehouse.co.za\/?utm_source=+BusinessTech+Article\" target=\"_blank\" rel=\"noopener\"><strong>Click here to explore this magnificent development<\/strong><\/a><\/p>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Foyer.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-350045 aligncenter\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Foyer.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">A Superb Locale<\/h3>\n<p>Nestled just a block away from the renowned Long Street and Green Market Square, Venice House has the best of both worlds, the high energy of these popular areas with the calmness that a cul-de-sac brings.<\/p>\n<p>The famous City Sightseeing Red Tour Bus stop, a gateway to exploration, is a stone\u2019s throw away, inviting you to uncover the city&#8217;s hidden gems.<\/p>\n<p>Quaint boutiques, tantalizing eateries, and vibrant bars line the nearby streets, offering a tapestry of experiences that capture Cape Town&#8217;s essence.<\/p>\n<ul>\n<li><strong>3 Minute Walk<\/strong><br \/>\nLong Street shops and Woolworths<\/li>\n<li><strong>5 Minute Walk<\/strong><br \/>\nClarke\u2019s and Villa 47<\/li>\n<li><strong>Quick Uber<\/strong><br \/>\nV&amp;A Waterfront and the Table Mountain Cableway<\/li>\n<\/ul>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Location.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-350046 aligncenter\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Location.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">Investment Highlights<\/h3>\n<ul>\n<li>Urban Development Zone tax benefits (See below)<\/li>\n<li>Purchase on launch day and unlock a R75 000 discount<\/li>\n<li>Only 10% deposit required<\/li>\n<li>No transfer duties<\/li>\n<li>High long- and short-term rental demand area<\/li>\n<li>Section 13Sex tax benefits<\/li>\n<li>Projected net yields up to 10% pa<\/li>\n<li>Short build time with expected completion Q4 2024<\/li>\n<\/ul>\n<p><a href=\"https:\/\/venicehouse.co.za\/?utm_source=+BusinessTech+Article\" target=\"_blank\" rel=\"noopener\"><strong>Click here to sign up and browse available apartments<\/strong><\/a><\/p>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-105-Short-Pale-Blue.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-350047\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-105-Short-Pale-Blue.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">Capitalise on Incredible Tax Incentives<\/h3>\n<p>Investors have access to incredibly powerful tax incentives, including the UDZ zone and popular Section 13sex of the Income Tax Act No 58 of 1962.<\/p>\n<p>Venice House is located in the Urban Development Zone<\/p>\n<ul>\n<li>The UDZ expiry date has recently been extended, and any brand new property that transfers before expiry is eligible for up to 30% Tax deduction from SARS. (Deductible over 11 years)<\/li>\n<\/ul>\n<p>Section 13Sex (Applicable to purchases of 5 or more units)<\/p>\n<ul>\n<li>This scheme enables any taxpayer who owns five or more new, residential rental units, to claim up to 55% of the purchase price as a tax deduction. (Deductible over 20 years)<\/li>\n<\/ul>\n<p><em>*Please consult your tax advisor for further info<\/em><\/p>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-601-Lounge-Pale-Blue.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-350048\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-601-Lounge-Pale-Blue.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">Feature-Filled<\/h3>\n<p>Venice House isn&#8217;t just a home; it&#8217;s an experience.<\/p>\n<p>Classic and contemporary design will feature throughout the building boasting a luxury hotel feel.<\/p>\n<p>With 24-hour security and concierge service, every detail has been carefully considered to ensure a lifestyle that&#8217;s not just convenient, but truly memorable.<\/p>\n<p>On the ground floor you\u2019ll find a beautifully appointed coffee shop and eatery within the premises providing the perfect gathering space that effortlessly marries ambiance with delectable delights.<\/p>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-602-Balcony.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-350049\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-602-Balcony.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<h3 class=\"my-4\">Development Highlights<\/h3>\n<ul>\n<li>24-hour security with access control<\/li>\n<li>Professional concierge service<\/li>\n<li>Ground floor lobby, coffee shop and eatery<\/li>\n<li>In-house Gym<\/li>\n<li>Short-term rental friendly<\/li>\n<li>Backup power for communal areas and Wi-Fi<\/li>\n<li>DSTV and High Speed Fibre Connectivity<\/li>\n<li>Bespoke Furniture Packs available<\/li>\n<li>Parking available to rent in neighbouring parkades<\/li>\n<li>Optional extras\n<ul>\n<li>Air-conditioning (Penthouses only)<\/li>\n<li>Double glazing<\/li>\n<li>Backup power<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3 class=\"my-4\"><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-602-Bedroom-Warmer.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-350050\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-602-Bedroom-Warmer.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/h3>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-601-Bathroom.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-350051\" src=\"https:\/\/test.businesstech.co.za\/news\/wp-content\/uploads\/2023\/09\/Venice-House-Cape-Town-Unit-601-Bathroom.jpg\" alt=\"\" width=\"1200\" height=\"900\" \/><\/a><\/p>\n<h3 class=\"my-4\">The Developers<\/h3>\n<p>Prospekt is a leading property development company founded by Chris Heunis, specialising in creating exceptional living spaces throughout South Africa.<\/p>\n<p>With expertise in project management and financial modelling, we deliver functional and profitable properties.<\/p>\n<h3 class=\"my-4\">Sign Me Up<\/h3>\n<p>With a limited number of apartments for sale at Venice House, the launch day is poised to captivate a surge of eager investors.<\/p>\n<p>Adding to the appeal, the developers have announced an exclusive launch incentive: R75 000 discount applicable to apartments secured on the launch day, <strong>4 October 2023, at 13:00.<\/strong><\/p>\n<p>For more information visit: <a href=\"https:\/\/venicehouse.co.za\/?utm_source=+BusinessTech+Article\" target=\"_blank\" rel=\"noopener\"><strong>www.venicehouse.co.za<\/strong><\/a><\/p>\n<p><strong>Development Expert<\/strong><br \/>\nKyle Vernes<br \/>\n079 901 7415<br \/>\n<a href=\"mailto:venicehouse@revo.co.za\" target=\"_blank\" rel=\"noopener\">venicehouse@revo.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Located in the heart of Cape Town&#8217;s highly cherished, tourist-filled City Centre, this exclusive investment opportunity is brought to you by Prospekt Property Development.<\/p>\n","protected":false},"author":57,"featured_media":721198,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[18558],"class_list":["post-721192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-venice-house"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/721192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=721192"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/721192\/revisions"}],"predecessor-version":[{"id":721200,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/721192\/revisions\/721200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/721198"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=721192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=721192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=721192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}