Cape Town CBD’s New Gem: Lilly May offers high-yield Urban Investment

Cape Town’s central business district (CBD) is entering a new era of growth, driven by booming tourism, digital nomad demand, and high rental yields. The city continues to rank among the Top Cities in the World, attracting local and foreign investors eager to secure property in this vibrant, high-demand market.

With forecasted capital growth of 12–14% in 2025 and occupancy rates steadily rising, well-located, professionally managed developments like Lilly May offer investors an opportunity to capitalise on short-term rental demand, tax incentives, and long-term capital appreciation in one of South Africa’s most dynamic urban hubs.

Investor Snapshot: Lilly May - Cape Town CBD

• Development Name: Lilly May
• Developer: Chapter Developments
• Sales Agents: Revo Property
• Architects: Bruce Wilson Architects
• Location: 17 Buitenkant Street, Cape Town CBD – close to V&A Waterfront, Table Mountain, restaurants, and transport links
• Type of Investment: Studio and 1-bedroom apartments – ideal for short-term rentals and digital nomads
• Total Units: 60 (54 studios, 6 one-bedroom apartments)
• Sizes: From compact, efficient studios to spacious 1-bedroom units with luxury finishes
• Bedrooms/Bathrooms: Studios (1 bath), 1-bedroom apartments (1 bath)
• Design Features: Art Deco-inspired architecture, curated interiors by Maison & Marble, rooftop pool and entertainment deck, serviced building with ground-floor café/bar
• Price Points: From R1,749,000 incl. VAT
• Projected Rentals: R28,800 – R33,600 per month
• Projected Yields: Up to 11.66% net rental yield
• Completion Date: Q1 2027
• Tax Benefits: Positioned within the Urban Development Zone (UDZ) and qualifies for Section 13sex Tax Incentives

Why Invest:

• Prime CBD location in a high-demand, high-growth urban node
• Fully managed, hands-off investment ideal for short-term letting
• Strong tourism and international visitor growth driving occupancy and rental returns
• Limited new stock in Cape Town CBD ensures long-term capital appreciation

Contact for Sales & Launch Day Pricing

📧 info@lillymay.co.za
🌐 www.lillymay.co.za
📞 Revo Property – Cape Town

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