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R1,700,000

Monthly Bond Repayment R18,423.02
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,291
Monthly Rates
R621

Fully Furnished Modern Oasis at "The Archive"

Exclusive Listing | Welcoming Offers From: R1 700 000

Welcome to "The Archive" in Observatory, where modern sophistication meets loft-style living in this fully furnished 1-bedroom apartment. This "smart" apartment seamlessly blends contemporary design with cutting-edge technology, providing a unique and comfortable living experience.

As you enter the apartment, you'll be captivated by the open loft-style layout that enhances the sense of space and freedom. The interior boasts stylish furnishings that perfectly complement the industrial-chic aesthetic, creating an ambiance that is both trendy and inviting.

One of the standout features of this apartment is the integration of voice-activated commands, allowing you to control various aspects of your living space effortlessly, from adjusting the volume on your smart integrated speakers to setting the perfect temperature with the smart air-con. Convenience is at your fingertips.

This gem also falls within the Urban Development Zone that holds Tax Return Benefits.

Storage won't be a concern in this thoughtfully designed space, as the apartment offers ample storage solutions to keep your belongings organised and out of sight. The inclusion of SMEG Appliances adds a touch of luxury to the fully equipped kitchen, making meal preparation a delight for any aspiring chef.

The apartment is equipped with Smart Matter, enhancing connectivity and making it easier to manage your smart devices. The WiFi, complete with backup power, ensures that you stay seamlessly connected, even during unexpected outages.

A notable feature of 'The Archive' is the central heat pump, providing hot water to the unit. This eliminates the hassle of traditional geysers, offering a more efficient and eco-friendly solution for your hot water needs. Additionally, all utilities are controlled and measured by a smart metering system through your smartphone, providing you with real-time insights and control over your energy consumption.

Experience the comfort of a centrally located apartment that caters to a diverse range of lifestyles. Whether you're an investor eyeing the potential of a lucrative Airbnb venture or a young couple seeking to embrace modern city living, this apartment is a true gem. Its versatility makes it an attractive option for various demographics, and its contemporary design ensures it stands out in the heart of Observatory.

Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Walk-through video can be provided on request.

Size: ± 59 SQM

Rates: +/- R621

Levies: +/- R2 291

Offers From: R1 700 000

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
59m²
Land Size
59m²

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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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

18,423.02

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