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R1,995,000

402 FORTYONL, 40 Lion Street

Monthly Bond Repayment R21,275.27
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,536
Monthly Rates
R796

Exciting investment opportunity to add to your property portfolio!

Exclusive listing in popular and sought after colourful Bo-Kaap!

This studio apartment on the 3rd floor at FortyOnL in Bo-Kaap, facing the iconic Table Mountain and presents an excellent investment opportunity along with being the perfect pied-a-terre!

The open-plan kitchen comes fully equipped with a fridge and a free-standing Smeg oven with gas hob. The living room extends seamlessly onto a balcony through floor-to-ceiling sliding doors, providing breathtaking views of Table Mountain and City scapes!

FORTY ON L boasts a stunning entertainment deck with sweeping panoramic views of the city bowl and Table Mountain, complemented by a pool, barbecue area, and comfortable seating. Additionally, the building offers a communal gym and convenient on-site laundry facilities.

Crafted with a focus on efficient use of space, the apartment incorporates various features for storage and functionality, including abundant drawers, built-in vanities, and desks. There is the option to include the furniture in the purchase.

The purchase of this apartment includes a dedicated parking bay.

FORTY ON L provides a 24-hour lobby and concierge service, along with round-the-clock onsite security featuring electric fencing, access control, and CCTV cameras.
FORTY ON L is a pet-friendly building and allows Short-term rentals.

Size includes the balcony.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
45m²
Land Size
45m²

Bo Kaap, Cape Town

Also known as the Mother City, Cape Town plays host to a multitude of beautiful areas and incredible cultures. Located in the southern point of the peninsula, Cape Town has become one of the most incredible places to visit in the world. From deep rooted cultures to incredible beaches, this is the place perfect for those looking to experience all the aspects that make this place a worldly recognized location.
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International 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.

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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

21,275.27

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