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R1,800,000

Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R2,650
Monthly Rates
R1,200

1 Bedroom Apartment Sold in Cape Town City Centre

Vibes of the City


This well maintained apartment is either an investment opportunity or a place to call home in one of the most desirable cities in the world.

Situated among the hustle and bustle of Long Street and surrounds, this property is surrounded by restaurants and coffee shops and is within walking distance of major retailers and the MyCiti bus route. The Cape Town Red Bus Explorer leaves just steps away from this apartment block.

Enjoy a convenient and exciting lifestyle with everything that the inner city has to offer.

The block boasts a 24-hour concierge adding to the security of this well run mixed-use development.

Gross AirBnB takings for last year exceeds R240k with a potential of reaching the R260k / R280k mark this year. The apartment is being sold furnished (with the exception of some personal pictures and prints).

The apartment comprises a reasonably sized bedroom with a balcony facing Table Mountain. The generous bathroom has both a bath and a shower. An open plan kitchen and living area flows onto a second balcony facing Lion's Head and the city landscape. The balcony is adorned with an outside table and chairs to enjoy sundowners and your early morning coffee.

A secure undercover parking bay completes the offering.

NB!! THE APARTMENT SIZE TOGETHER WITH THE TWO BALCONIES IS 78m2.

Call me to arrange a viewing.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Views
Yes
Sizes
Floor Size
57m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt Cape Town Atlantic Seaboard & City Bowl website is accurate and up to date, Chas Everitt Cape Town Atlantic Seaboard & City Bowl 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.

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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

19,195.73

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