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R1,130,000

Monthly Bond Repayment R12,245.89
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,200

Great Investment Opportunity!

Conveniently located studio apartment in the heart of the city center, where urban living meets comfort and security. Nestled in a building with an established history, you'll find a sense of reassurance provided by long-serving security guards who have diligently safeguarded the premises for many years.

As you enter the building, you'll immediately notice the commitment to cleanliness, with a 24/7 cleaning service ensuring the common areas are immaculate at all times. The recent installation of new camera systems adds an extra layer of security, providing residents with peace of mind.

The studio apartment itself offers a modern and efficient living space, perfectly suited for those seeking a cosmopolitan lifestyle. What sets this apartment apart is the inclusion of FREE uncapped wifi with a remarkable speed of 20mb/sec. This amenity ensures seamless connectivity for both work and leisure, making it an ideal choice for those who value staying connected in the digital age.

Convenience extends beyond the apartment's walls, with one parking bay available across the street in the parking garage of the prestigious Four Seasons. This not only provides a secure parking solution but also adds a touch of luxury to your urban lifestyle.

The property's current Airbnb tenant has recognized the value of this prime location, paying R21,000 for the month of February. For those considering a long-term rental, the estimated value ranges from 10,000 to 12,000 per month, reflecting the desirability and potential return on investment.

Embrace the city life in this studio apartment, where security, cleanliness, modern amenities, and a prime location converge to offer a vibrant and comfortable urban living experience.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Land Size
35m²

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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In the news

Semigration fueling Cape Town property market
Earlier this year, Lighthouse Properties reported that 43% of homeowners who sell their properties in Gauteng, buy another property in a different province - and of this percentile, 36% are buying in Cape Town and the Western...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

12,245.89

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