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The dynamic development, Station House, Sea Point now offers investment opportunities in their boutique hotel section of the project. D2E Properties and Berman Brothers have partnered with trusted Lucid Ventures (12J investment manager) to launch a 12J Investment Fund, that has also been approved by Investec, through the boutique hotel offering within Station House.
The 12J Boutique Hotel Investment product comprises hotel suites from R2 615 000, including one Basement Parking Bay, a furniture package, and a storage unit. Suites are 47m2 in size and all include generous balconies to enjoy the Sea Point landscape and surroundings.
D2E Properties Director, Robin Magid explains compelling reasons for investing in this programme, “Appealing factors about this investment include, the upfront 12J tax deductions, no fund administration fees, only 10% of the total investment is payable by 30 June 2021, the balance of the 90% is payable by 28 February 2022 as well as promising capital growth and yield opportunities. In total there are only 55 opportunities to invest in. Furthermore, buyers will be able to select a sectional title unit which will become their asset at the end of the 5-year investment period.”
Sara Reynolds, from Lucid Ventures reveals, “This exciting opportunity, available until 30 June 2021, offers multiple benefits for investors of the Station House Boutique Hotel 12J Investment Fund. Hotel guests will have full access to all building facilities (including an iconic rooftop sky bar and restaurant, a fitness centre, rooftop pool, and street level café-deli to name a few) and investors have the option to place their units back into the hotel managed rental pool after the five-year investment period. Furthermore, the IRR is expected to exceed 15% over the life of the investment.”
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Lucid Ventures, who developed the bespoke boutique hotel brand, “Home Suite Hotels” has been appointed as the hotel operator to manage everything required, allowing investors peace of mind in terms of standards and operational protocols.
To learn more, read through our brochure. Chat to Sara Reynolds from Lucid Ventures on sara@lucidventures.co.za or call 082 373 2218 to secure your investment and find out more before 30 June 2021.
