Weekend Argus (Saturday Edition)

Bang for your buck: trendy CBD units to invest or live in

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RAWSON Auctions Western Cape will be selling two apartments in the Cape Town CBD on March 23.

The 37m² apartments, in the luxury Hollow on the Square hotel, have a carpeted open-plan bedroom and lounge; a bathroom with bath, shower, basin and toilet and a kitchenett­e with built-in cupboards. They have air conditioni­ng.

There is a laundry service, a 24-hour concierge service and CCTV cameras. The hotel has a lounge, a bar and a restaurant.

“The units are modern, well maintained and appointed – and boast the contempora­ry style and modern decor expected of fourstar hotels,” said Tanya Jovanovski, the Rawson Auctions Western Cape franchisee.

“They make a perfect spot for young profession­als working in town or a fantastic investor opportunit­y. Each has the capability of

bringing in a daily rate of between R600 and R900 or a monthly rate of R15 000, if let as an Airbnb. Considerin­g the low reserve price and high potential rental income, they are a sure-fire investment.”

For more, contact Ilda Santiago at 084 762 7195, Jenni James at 067 165 3737 or Tanya Jovanovski at 079 980 3457.

 ?? ?? THE BEDROOM of one of the CBD apartments to be sold by Rawson.
THE BEDROOM of one of the CBD apartments to be sold by Rawson.

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