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R2,495,000

805 FORTYONL, 40 Lion Street

Monthly Bond Repayment R26,607.42
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R3,311
Monthly Rates
R1,260

Investors Pocket Rocket high up in trendy Bo Kaap!

Welcome to your urban oasis in the heart of Bo Kaap at FortyOnL, where sophistication meets serenity. Nestled on the 8th floor, this meticulously designed apartment offers a harmonious blend of comfort, style and convenience.

As you step into this thoughtfully crafted space, you are greeted by an open-plan layout seamlessly connecting the kitchen and living areas. The sleek kitchen boast modern appliances and ample storage, making it perfect for both culinary adventures and casual dining.

The comfortable living area is bathed in natural light streaming through the balcony doors as it is North facing, creating an inviting ambience for relaxation or entertaining guests. Step out on the balcony and immerse yourself in the tranquility of the surroundings with stunning views of Lions Head!

Retreat to the spacious bedroom, featuring generous storage space, providing a private sanctuary for rest and rejuvenation. The well equipped bathroom is also perfectly located and services the apartment well.

This unit also offers the added convenience of a secure parking bay, ensuring peace of mind for your vehicle. Residents of FortyOnL enjoy access to a range of amenities, including a communal gym and a refreshing pool.

The key highlight of this purchase is its exceptional Nett yield of approximately 13%, offering lucrative returns for investors.

Internal size: +- 50 sqm
Balcony size: +- 6 sqm
1 x Secure Parking Bay

Perfect building for short term rentals -- contact Quay 1 today for your exclusive viewing!

Features

1
1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
56m²
Land Size
56m²

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

26,607.42

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