R2,874,000
R2,874,000
Monthly Bond Repayment R31,145.74
Calculated over 20 years at 11.75% with no deposit.
Change Assumptions
Monthly Levy
R2,200
R2,200
Monthly Rates
R622
R622
EXCLUSIVE LISTING I AIRBNB INVESTMENT THAT HAS NO LOAD SHEDDING - Bedroom Apartment
This exquisite AirBnB investment has an occupancy rate of 99% with a 4.87 star rating (Over 120 reviews) and grossed over ZAR420k in bookings in 2023 alone with that likely to grow between 7-10% in 2024. There is already management in place which runs the apartment superbly - nothing for the owner to do or worry about, so can be sold as a going concern.
This apartment is also great for long term tenants and holds the ultimate competitive advantage as there is no loadshedding. That's because this building is situated on the same grid as the Christiaan Barnard Memorial Hospital and SARS. This makes it one of the few destinations in the entire country which doesn't experience power cuts.
The 55sqm apartment and building comprises of:
- 1 Bedroom
- 1 Bathroom
- 1 Storeroom
- Aircon
- Table mountain view
- Black Glass Smeg Oven and Touch Control Hob
- Ceiling fan in bedroom
- Engineered stone kitchen countertops
- Communal Rooftop pool and deck with breathtaking views
- Fibre ready
- Onsite coffee shop
- 24/7 security and concierge
- If long term parking is desired, one can rent parking for approximately R1000/month right behind the building.
Features
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
55m²
Cape Town City Centre, Cape Town
Cape Town’s City Bowl is amazingly aptly named. The heart of Cape Town is enfolded between the harbour and the mountain, virtually in the shape of a bowl. The City Bowl holds some of the most interesting and historically significant neighbourhoods and the likes of the Bo Kaap, Oranjezicht, Tamboerskloof and Gardens provide hours of easy meanderings, restaurants and historical sights. The City Centre lies...
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Disclaimer: While every effort will be made to ensure that the information contained within the Only Realty website is accurate and up to date, Only Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
