Over 100 Sold in One Day!

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A New Horizon

Newlands Peak is a state-of-the-art residential development located in Newlands, Cape Town by highly-acclaimed Rawson Developers that promises to breathe vibrant energy into a suburb steeped with a rich history and tree-lined streets.

We’re Already 60% Sold!

Simply logon to the price list to browse and secure your favourite unit. We invite you to discuss the options with our sales team and let us assist you in selecting your preferred apartment/s.

The anticipated completion date is 2023.

VIEW PRICE LISTAPARTMENT TYPES

Development Highlights

Features Include

  • 11 Storey luxury apartment block
  • Secure undercover parking
  • 8 floors of apartments including:
    • Ground floor garden apartments
    • 2 floors of penthouse apartments
  • Rooftop deck with 2 heated swimming pools
  • Top floor state-of-the-art fitness centre
  • High speed fibre connectivity
  • Luxurious foyer & concierge
  • 24-hour security
  • Premium coffee shop & restaurant
  • Landscaped atrium with seating & WiFi
  • Drop & go laundromat
  • Pet friendly

Features Include

  • 11 Storey luxury apartment block
  • Secure under cover parking
  • 8 floors of apartments including:
    • Ground floor garden apartments
    • 2 floors of penthouse apartments
  • Rooftop deck with 2 heated swimming pools
  • Top floor state-of-the-art fitness centre
  • High speed fibre connectivity
  • Luxurious foyer and concierge
  • 24 hour security
  • Premium coffee shop & restaurant
  • Landscaped atrium with seating & WiFi
  • Drop & go laundromat
  • Pet friendly

Apartment Types

SOLD OUT!

Micro Apartment

Total Size 29m2 – 40m2
Price R1,35million – R1,675million

SOLD OUT
GUARANTEED RENTAL

Studio

Total Size 38m2 – 47m2
Price R1,65million – R2,175million

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GUARANTEED RENTAL

One Bedroom

Total Size 59m2 – 64m2
Price R2,125million – R2,75million

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Premium One Bedroom

Total Size 66m2 – 72m2
Price R2,6million – R3,15million

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Two Bedroom, Two Bathroom

Total Size 80m2 – 104m2
Price R3,4million – R4,175million

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Premium Two Bedroom, Two Bathroom

Total Size 100m2 – 138m2
Price R4million – R6,2million

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Three & Four Bedroom Luxury Penthouses

Total Size 141m2 – 305m2
Price R6,1million – 13,2million

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Newlands Peak is an iconic oasis where expansive views and world-class amenities connect residents to a life of style.

The Location

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Investment Opportunities

Calculated using the prime lending rate of 7%

Micro Apartment for R996pm

Purchased as a buy-to-let property investment
Price R1,550,000 incl. VAT
Special R1,350,000 incl. VAT

How does it work?

Purchaser puts 10% deposit down = R135 000
Purchaser secures 90% bond = R1 215 000

Monthly Costs:

Bond Repayment = R9 603
Rates & Levies = R1 393
Total Monthly Cost = R10 996
*Guaranteed Monthly Rental for 1 year = R10,000pm

Your Monthly Contribution = R996pm

Monthly Costs:

Bond Repayment = R8 782
Rates & Levies = R1 393
Total Monthly Cost = R10 175
*Guaranteed Monthly Rental for 1 year = R10,000pm

Your Monthly Contribution = R175pm

Click the image to enlarge

SOLD OUT!

Studio Apartment for R1220pm

Purchased as a buy-to-let property investment
Price R1,775,000 incl. VAT
Special R1,575,000 incl. VAT

How does it work?

Purchaser puts 10% deposit down = R157 500
Purchaser secures 90% bond = R1 417 500

Monthly Costs:

Bond Repayment = R10 990
Rates & Levies = R1 730
Total Monthly Cost = R12 720
*Guaranteed Monthly Rental for 1 year = R11,500pm

Your Monthly Contribution = R1 220pm

Monthly Costs:

Bond Repayment = R10 020
Rates & Levies = R1 730
Total Monthly Cost = R11 750
*Guaranteed Monthly Rental for 1 year = R11,500pm

Your Monthly Contribution = R250pm

Click the image to enlarge

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One-Bed Apartment for R1815pm

Purchased as a buy-to-let property investment
Price R2,200,000 incl. VAT
Special R2,000,000 incl. VAT

How does it work?

Purchaser puts 10% deposit down = R200 000
Purchaser secures 90% bond = R1 800 000

Monthly Costs:

Bond Repayment = R13 955
Rates & Levies = R2 100
Total Monthly Cost = R16 055
*Guaranteed Monthly Rental for 1 year = R14,600pm

Your Monthly Contribution = R1 454pm

Monthly Costs:

Bond Repayment = R12 722
Rates & Levies = R2 100
Total Monthly Cost = R14 822
*Guaranteed Monthly Rental for 1 year = R14,600pm

Your Monthly Contribution = R222pm

Click the image to enlarge

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Tax incentives for savvy investors

Investors still have access to powerful tax incentives, including the popular Section 13sex of the Income Tax Act No 58 of 1962.

Section 13sex enables any taxpayer who owns five or more new, residential rental units to claim up to 55% of the purchase price back from SARS via a 5% per annum depreciation allowance. The incentive kicks in as soon as the investor takes ownership of their fifth brand-new unit and can be carefully leveraged to get a portfolio cash-flow positive without paying SARS a cent.

Early investors who buy 5 units can benefit from not only these huge tax savings but also a saving of R1million off the total purchase price and guaranteed rentals for the first year. *T&C’s Apply

Newlands Peak Example:

  • Purchase five units at R1,5 million each = R7,5 million
  • Discount = R1 million (R200 000 per unit)
  • Final purchase price = R6,5 million
  • Guaranteed rental for the first 12 months = R57 500 per month 
5% of the purchase price may be used as a tax deduction (tax write-off) every year.
The amount you may write off is limited to 55% of the acquisition price of the residential units.
This works out to a tax deduction (tax write-off) of R325 000 per year for 11 years.
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The following criteria apply:
  • The taxpayer must own at least 5 residential units. A residential unit refers to a building or self-contained apartment, mainly used for residential accommodation with the exclusion of structures used for business purposes, for example, hotels.
  • All units must be situated in South Africa.
  • Residential units must be new and unused. (For example, buyers of flats that had previously been occupied would not qualify for this incentive.)
  • The units must be used solely for the purpose of trade (i.e. residential letting). This prevents housing claims for personal use.

Tax deductions

While primary residences offer few tax benefits to owners, investment properties can be an excellent tax-deductible addition to a portfolio. All expenses relating to an investment property – including bond interest, management fees, municipal rates, body corporate levies, repairs, maintenance, insurance, and more – are tax-deductible.

As an added bonus, any losses are not ring-fenced, In other words, if the expenses on your property exceed its rental income, that deficit can be offset against other taxable income. That makes it possible, with very careful balancing of expenses, to use a rental property to reduce an investor’s overall tax burden.

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