Development
Who says you can’t have it all? Seldom in life do you get the best of both worlds, where can you have the grass green on both sides of the fence! At the Pepper Club, the latest exclusive development brought to you by the Solomon Brothers, you have an investment product with amazing returns as well as the opportunity to live your dream and have an unparalleled luxury lifestyle resort in Cape Town. As an Investment ApartmentCash flow positive from day One! 12 % expected net return in year one, although investors can opt for a guaranteed 8% net return for the first two years. The development sits within the UDZ zone and therefore can accumulate tax loses which you can offset against any future income, making it a very attractive tax efficient investment. Gatsby International Hotels will be managing the Pepper Club Hotel Scheme including the marketing and letting of the rooms on a nightly basis. As a Lifestyle Apartment
You get to use your apartment for 30 days a year! The Pepper Club will boast the following: • 5 star hotel standard finishes and service • 180 degree views of Waterfront and Table Mountain • Concierge to attend to your every need, restaurant reservations, car hire, taxi call or to arrange that special event • Bars, restaurants, gyms, private cinema, cleaning service and 24 hour security • Right in the heart of Cape Town! • Fine Dining & vibrant cafe society on your doorstep • 5 minutes to the V& A Waterfront or Table Mountain • 7 minutes to Camps Bay Beach • 20 minutes to the airport • 40 minutes to the Winelands – Stellenbosch & Franschoek • 90 min to the BIG FIVE
The DevelopersSolomon Brothers have been developing for 44 years and are one of the leading developers in South Africa. One of their most renowned landmark developments is the Promenade Shopping Centre in Camps Bay, arguably one of the most prestigious properties in South Africa. Among many other developments, the Solomon Brothers noticed there is a huge need for holiday accommodation in Cape Town. With the Football World Cup 2010 around the corner, the city is struggling to come up with plans as to how it is going to accommodate the huge increase in tourists. South Africa’s tourism market increases by 1 million people a year. As a result, The Solomon Brothers have embarked on The Pepper Club, taking it through planning for the last 4 years! David Solomon, CEO of the company confirmed, “We are self funding the R360 million development and we are already on the 3rd floor. You can guarantee this development will be complete by the end of next year and we were so confident in the product that we starting building it 6 months prior to the official launch. There are no other investment products like this in the market, we were the first to engineer a new financial product with the banks and we know that it suits all sectors – the investors and the holidaymakers!” This 20 storey tower has 250 spacious residences with innovative design, personalised amenities and unsurpassed services, all masterfully integrated into an architectural landmark that is destined to redefine the very notion of exclusive apartment living. All residences feature upmarket and stylish finishes, including floor to ceiling windows and sliding doors. It is time to ascend to a new level of sophistication! It is time to experience the Pepper Club! You will visit the Cape for the exquisite natural beauty, you will stay for the unparalleled quality of life.
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