The allure of Cape Town, with its stunning views and vibrant lifestyle, makes it a magnet for those seeking high-end living.<\/p>\n\n\n\n
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- Click here to learn more about Lilly May.<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n
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<\/a><\/figure>\n\n\n\n\u201cLilly May, a new development in Cape Town\u2019s central business district and landmark in the making, is positioned in one of Cape Town’s most dynamic districts, blending heritage, culture, and contemporary luxury. Inspired by Art Deco grandeur and the city’s evolving energy, Lilly May is designed for those who appreciate bold expression, refined aesthetics, and curated living,\u201d explains Guy Gordon, Director at Chapter Developments, a progressive property developer committed to shaping meaningful urban environments.<\/p>\n\n\n\n
Offering a selection of studio and one-bedroom apartments (54 studios and 6 one-bedroom units), Lilly May, located at 17 Buitenkant Street, redefines effortless city living, with sleek kitchens, luxury finishes, and bespoke interiors – a home that\u2019s as refined as it is functional. <\/p>\n\n\n\n
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<\/a><\/figure>\n\n\n\nThe units are fully managed, with optional furniture packs designed by Maison & Marble for hassle-free ownership.<\/p>\n\n\n\n
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<\/a><\/figure>\n\n\n\nThe area boasts a combination of urban living and natural beauty, with stunning views of Table Mountain.<\/p>\n\n\n\n
Lilly May is surrounded by excellent amenities, including caf\u00e9s, restaurants, retail shops, and cultural attractions. <\/p>\n\n\n\n
Its central location also offers easy access to transport links, making it ideal for professionals and investors.<\/p>\n\n\n\n
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<\/a><\/figure>\n\n\n\nEvery detail is thoughtfully curated – from the rooftop terrace with sweeping city views to the modern charm of the exterior, envisioned by Bruce Wilson Architects to blend timeless design with contemporary appeal. <\/p>\n\n\n\n
With the development set for completion in Q1 2027, residents will enjoy a fully serviced building with a vibrant ground-floor caf\u00e9 and bar, as well as exclusive access to a private rooftop pool, entertainment deck and clubhouse.<\/p>\n\n\n\n
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<\/figure>\n\n\n\nTourism and the growth in international visitors in Cape Town have been a catalyst for increased foreign investment, higher property prices and a vibrant hospitality market, transforming the city into a global investment hotspot, driving substantial property development and boosting the local economy.<\/p>\n\n\n\n
\u201cThe rental market is surging, especially for properties like Lilly May on Buitenkant Street, close to tourist hotspots like the V&A Waterfront and Table Mountain, making the city centre attractive for investors seeking rental income,\u201d comments Emanuel Germanis, CEO and founder of Revo Property.<\/p>\n\n\n\n
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<\/a><\/figure>\n\n\n\n\u201cAs a result, we\u2019re seeing strong demand for residential units in the City Bowl, with new CBD developments attracting significant interest the moment they\u2019re released,\u201d adds Gordon.<\/p>\n\n\n\n
Lilly May offers investors powerful tax benefits alongside modern living with timeless elegance – a seamless fusion of culture, creativity, and connection in the heart of Cape Town. <\/p>\n\n\n\n
Positioned well within the Urban Development Zone (UDZ) and qualifying for the Section 13sex Tax Incentive, the development is designed for those who appreciate lifestyle and investment potential.<\/p>\n\n\n\n
\u201cThe growth in international arrivals, alongside the city’s rising popularity as a vacation and business destination, has propelled the demand within the hospitality sector.”<\/p>\n\n\n\n
“We\u2019re seeing occupancy rates rise steadily year on year, further cementing the viability of these types of investments.”<\/p>\n\n\n\n
“Lilly May\u2019s prime location, combined with Cape Town\u2019s booming tourism and business travel sectors, makes it a prime opportunity for investors looking to capitalise on this trend.\u201d<\/p>\n\n\n\n
\u201cLilly May is a home, a lifestyle, and an investment in one – honouring the past while shaping the future,\u201d adds Germanis.<\/p>\n\n\n\n
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<\/a><\/figure>\n\n\n\nUnits are priced from R1 749 000 inc. VAT, with projected rentals ranging from R28, 800 to R33,600 a month, and a high-yield opportunity of up to 11,66% net rental yield, making these apartments an ideal opportunity for investors.<\/p>\n\n\n\n
With limited residences available, the demand is high. Interested investors can secure their apartment on launch day, Thursday 12 June 2025 at 12pm and secure launch day pricing.<\/p>\n\n\n\n
Click here to learn more about Lilly May.<\/a><\/strong><\/p>\n\n\n\n