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Who is the developer?

Zeeland Pier is proudly developed by the Trilogy Group, Berk Enterprises and Wiehahn Property Management.

Who are the architects?

Robert Silke & Partners

Address

38 Heerengracht Street, Cape Town, 8000
Click the link to view it on Google Maps

Completion Date

4th Quarter of 2025

Parking

Around the corner from Zeeland Pier, ParkUpp offers a convenient parking solution. Zeeland Pier II buyers get a 20% discount on their monthly ParkUpp plan.

  • 300m from Zeeland Pier II
  • Long-term and flexible month-to-month parking
  • R1 500 Per parking bay per month, zero deposit
  • Easy online booking

Storerooms

There are 14 storerooms available for purchase at a cost of R70 000 to R120 000 per storeroom on a first-come, first-served basis.

Click here to view the storeroom price list

Does the deposit earn me interest?

The deposit is paid into the transferring attorney’s interest-bearing account, and your money will earn interest for you.

Bond pre-qualification and pre-approval

This can be done online using the OOBA Bond Indicator. It is a quick process to estimate the approximate amount you could qualify for; however, this is NOT a bond approval.

Click here to get pre-qualified

If my bond is not approved, do I get my deposit back?

Yes, the deal is subject to your bond being approved, and should it not be approved, the deposit will be paid back to you with interest.

If you are still determining if you can afford the bond, getting pre-qualified before the launch is a good idea, as the R5,000 reservation deposit is non-refundable.

Click here to get pre-qualified

Once my bond is approved, when do I start paying?

Bond repayments will commence once the property has been transferred to your name and the bank has settled the payment to the seller.

Bond registration costs

Bond costs are payable when the bond registers and once the development is complete. Please note that bond registration costs are charged to the purchaser’s account.

Transfer fees

There are only transfer fees payable. The seller is registered for VAT, so there will be no transfer duty, only transfer fees payable. Please note that transfer fees are charged to the purchaser’s account.

What are the transfer fees?

To calculate the transfer fees, you can click on the below link: https://www.ooba.co.za/home-loan/transfer-cost-calculator/

NB: Please select yes when it asks if the seller is registered for VAT.

Example:

On a purchase price of R1 200 000, the transfer fees will be R32 834.20*

What do the levies include?

They cover the costs of security, cleaning and landscaping of the common areas, maintenance of the building, building insurance, all running and management costs.

Rates

Monthly rates are based on the value of the property. They are calculated based on the value of the property, which is then multiplied by 0.006273 to get your yearly rates. Divide this by 12 to get your monthly rates.

Example:

  • (R1,255,000 property)
  • R1,255,000 less R450 000 exemption
  • R805 000 x 0.006273 = R5049,76 per annum
  • This equates to R421 per month
  • *Please note these figures are estimates and subject to change

Are there any hidden costs?

The contract price is the price the client will pay for the property. You must be aware that occupational interest is due from the date you take occupation until you take ownership (transfer takes place).

The other costs applicable are detailed above and include monthly rates and levies. Bond costs will be payable before registration of your bond once you take the transfer of your unit. Transfer costs at this point will also be applicable, but these costs are primarily offset by the interest you earn on your deposit during the construction period.

Section 13sex Tax Incentive

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

Example:

  • Purchase five units at a total purchase price of R6,500,000
  • Minus the launch discount = R375 000 (R75 000 per unit, if purchased on launch)
  • Final purchase price = R6,125,000
  • Deemed purchase price = R3,368,750 (55% of final purchase price)
  • 5% of the deemed price may be used as a tax deduction per year
  • This results in a tax deduction (tax write-off) of R168 437.5 per year for 20 years.
  • Total tax write-off = R3,368,750 (over 20 years).

Taxpayer Criteria for Section 13sex Tax Incentive

  • The taxpayer must own at least five residential units. The deal kicks in once the buyer takes ownership of their fifth new unit. 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, such as hotels.
  • All units must be situated in South Africa.
  • Residential units must have been purchased new and unused. (For example, buyers of previously occupied flats would not qualify for this incentive.)
  • The units must be used solely for trade (i.e. residential letting). This prevents housing claims for personal use.
  • Please consult your tax advisor for further clarification and information.

Pre-paid electricity

Each unit will have an independent electricity meter.

Water supply

Water will be paid in arrears, billed, and metered based on specific unit usage, with costs appearing on the monthly levies statement. To make the building more efficient and minimise expenses, a central heat pump will be installed instead of geysers.

Short-term rentals policy

If you’re purchasing with short-term rentals in mind, please note that only Totalstay and Perch Stays are authorised to manage short-term letting at Zeeland Pier. This policy helps maintain a consistently high standard of service and guest experience throughout the development.

Security features

The building offers state-of-the-art security with 24-hour security presence, strict access controls, biometric facial recognition access, and CCTV surveillance.

Short-term rental access control.

Concierge services

Zeeland Pier has a luxury foyer with a lounge area and a concierge. This area will also function as a co-working space with high-speed internet.

Air-conditioning

The standard apartments do not have air conditioning, but it is included in the purchase of the penthouse apartments.

High-speed Wi-Fi

High-speed fibre connectivity ensures residents have superfast internet in their apartments; this will be for the owner/resident account. The owner/resident must contact the service provider to obtain the ISP.

Online shopping delivery points

Concierge care will receive residents’ deliveries.

Pet Policy

No pets are permitted.