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R1,150,000

Monthly Bond Repayment R12,263.94
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,596
Monthly Rates
R394

Fully Furnished Modern Studio apartment - Sole Mandate

Sunny studio apartment in small stylish block with high end finishes from a top interior designer. The loft style bed allows for maximum space to be used. The complex is surrounded by lush trees and has a lovely southern suburbs feel to it. Perfect investment area.

The block is located in a prime area with walking distance to Newlands Rugby Stadium, Cavendish Shopping Centre, top restaurants, Riverside Mall, Jamie Shuttle for UCT and Varsity Colleges.

Extremely high rental demand area. This unit is currently vacant and used as holiday accommodation by the owner when visiting Cape Town but could easily rent out for R8500 to R9000 a month for buy to let investors.

The apartment has a lovely north facing sunny balcony with mountain views.

Undercover secure parking bay included. This ticks all the buy to let investment needs.

The furniture in the pictures can be purchased with the sale.

Well managed block with excellent future for capital growth.

Viewing by appointment only!

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
44m²
 
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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

R
%

Monthly Payment

12,263.94

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