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R1,095,000

Monthly Bond Repayment R11,677.40
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,150
Monthly Rates
R500

Essential Investment Opportunity

Exclusive Mandate | Offers From - R 1 095 000

We are excited to present this essential first time investment property that ticks all the boxes for an investment buyer seeking a good rental return as well as long term growth or young professionals wanting a trendy apartment close to the city.

Located on the 6th floor of the exclusive Obs Court, the unit provides owners with partial views of the Mountain and other landmarks in Observatory from the lounge’s adjoining balcony.

The apartment makes good use of its space with an open and welcoming design. All the finishes, from the kitchen to the bathroom, are new and convey a great contemporary feel. The kitchen has been fitted with Duco finish cabinetry and a Bosch under-counter stove with extractor fan. The bedroom offers built in cupboard space.

As an added bonus, the unit comes fibre ready and has 1 secure underground parking bay.

Obs Court offers an array of additional features and amenities including exceptional security with biometric scanners throughout, heated rooftop pool, communal braai facilities and gym in the complex.

The block itself is conveniently located close to an assortment of Observatory’s markets, hip bars, restaurants, cafés and fashionable apparel stores as well as having quick access to the City Bowl, UCT & the Southern suburbs.

Levies: ± R1 150

Rates: ± R500

Size: ± 41 sqm

1 x secure underground parking bay

Offers From - R 1 095 000

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
2
Security
Yes
Sizes
Floor Size
41m²

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

11,677.40

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