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12Cape is a Section 12J Venture Capital Company and a registered financial services provider.

12Cape Limited
12Cape Limited

12Cape Limited is a public company and an approved Section 12J Venture Capital Company. Investors that acquire shares in 12Cape can deduct their full investment amount (limited to R2.5m per individual/trust) from their taxable income in the year in which they invest. A Section 12J deduction is arguably the best deduction available to individuals looking to lower their effective tax rates.

12Cape uses the funds to purchase 1- and 2-bedroom apartments in the Atlantic Seaboard at scale and these apartments are operated as aparthotels under the 12Cape owned Latitude Aparthotels brand ( The flagship asset is the Latitude Aparthotel Sea Point that has been operational since November 2019 which, in spite of Covid-19, had a median occupancy of 82% during 2020.

The fund is open for new investments until 28 February 2021 (end of the tax year) and enquiries can be sent to [email protected] See the website for further details (

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