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R1,595,000

Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,970
Monthly Rates
R900

Contemporary 2 bedroom, 1 bathroom apartment, primed for rental return

Exclusive Mandate | Offers From - R 1 595 000

Observatory offers ample opportunity to an array of eager property enthusiasts – and this apartment is no different. From first time buyers looking to get into the property market, to the savvy property investor looking to expand and diversify the portfolio – this property appeals to all.

This conveniently located 2-bedroom, 1-bathroom apartment is prepped and ready to bring you a top rental return. The apartment flaunts a contemporary/industrial design with a welcoming layout & finish ready for any young professional, couple or student to move right in. The unit’s layout itself keeps space and light in mind with its roomy design; fully utilizing its position on the ground floor. The private garden adds to the appeal of this property, making it an instant retreat away from the busy city. The kitchen provides contemporary finishes with an under-counter stove (& hob) with extractor. The bathroom provides a modern shower and basin. Both bedrooms are spacious in feel and have ample built-in cupboard space. The unit comes with 2 dedicated underground parking bay.

The block is also conveniently located. With just a brief Uber ride, one can find themselves in the heart of Cape Town with its rich collection of shopping markets, hip bars, restaurants, cafés and fashionable apparel stores for your enjoyment or frequent some of the trendy markets Woodstock, Salt River and Observatory have to offer.

Size: ± 62 SQM

Levies: ± R2 970

Rates: ± R900

2 x Secure underground parking bays

Offers From - R1 595 000

Features

2
1
2
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Sizes
Floor Size
93m²

Observatory, Cape Town

Observatory is one of Cape Town's most Victorian-esque suburbs owing to its alternate, artistic and vintage feel to it all wrapped into one. The colourful homes, narrow streets and close proximity to cafes, restaurants and bars, make it a popular place to relocate. Observatory is also one of Cape Town's most appealing suburbs for young families and students who are studying at the University of Cape Town,...
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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

R
%

Monthly Payment

17,009.55

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