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R3,795,000

Monthly Bond Repayment R40,471.00
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,770
Monthly Rates
R402

Luxurious Bespoke Loft with Top-Tier Amenities and No Load Shedding in Iconic Mutual Heights

±15% ROI

Experience the perfect blend of historic charm and modern luxury in this stunning bespoke loft.

Step into the epitome of urban sophistication with this loft, situated in the renowned Mutual Heights building, one of Cape Town’s most historic and sought-after addresses. Located in the bustling Cape Town City Centre, this property offers the perfect blend of luxury, convenience, and investment potential.

The loft's unique design combines modern finishes with the charm of its Art Deco heritage, offering a space that is both stylish and functional. The high ceilings, large windows, and open-plan layout create a sense of space and light, making this loft an ideal home or investment for those who appreciate city living at its finest.

This loft is Airbnb-friendly, making it a prime opportunity for investors. It has a proven track record of success on the short-term rental market, with high occupancy rates and excellent reviews from guests. Its central location, paired with the building’s top-tier amenities, ensures that it remains a sought-after rental property throughout the year, attracting both tourists and business travellers.

One of the standout features of this property is its no load shedding benefit, ensuring a continuous power supply and uninterrupted living—an increasingly rare advantage in Cape Town. Additionally, the property offers the convenience of secure parking, a valuable amenity in the city, providing peace of mind for both residents and guests. Residents can also enjoy access to a beautiful communal pool and a fully equipped gym, making relaxation and fitness just a few steps away. The building’s 24/7 security guarantees the safety and privacy of all who live here, ensuring a secure and comfortable living environment.

The Mutual Heights building itself is rich in history, with its striking Art Deco architecture, offering a unique living experience that blends old-world charm with contemporary urban living. The building’s location puts you right in the heart of Cape Town’s vibrant city centre, just steps away from trendy cafes, restaurants, shopping centres, and cultural landmarks. The V&A Waterfront and Company’s Garden are both within easy reach, providing the perfect balance of business, leisure, and lifestyle.

Whether you’re an investor looking for a high-performing rental property or someone seeking a chic city residence, this loft ticks all the boxes. With its prime location, rich history, and modern amenities, it offers a unique opportunity to own a piece of Cape Town’s most vibrant area.

Levies: ±R2770
Rates: ±R402
ROI: ±15%
Internal Sqm: ±56
External Sqm: ±8sqm

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Studies
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
56m²

On Show

15:30 to 16:00
Tuesday, 12 November 2024
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Cape Town City Centre, Cape Town

The City Bowl is the heartbeat of Cape Town, with its pulse felt between the towering peaks. The natural amphitheatre, which is created by the slopes of Table Mountain, Devil's Peak and Lion's Head, flows to the city's harbour and reinforces the rarefaction of its urban setting.  The city centre is home to the financial hub of the metropolis and several suburbs, each as diverse as the other. It is renowned...
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A Golden Opportunity in the Cape Town property market!
Sign up for bespoke property market updates here   The Cape Town property market in 2024 is booming, presenting a unique opportunity for homeowners ready to capitalise on what has been defined as a dynamic...
 
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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

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

40,471.00

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