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R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,488
Monthly Rates
R684

Manhattan-Styled 1-Bedroom Studio Apartment In Observatory

Welcoming offer from R1 300 000 (VAT inclusive - saving you +-R6 000 in transfer duty)

Known for its diverse culture and rich artistic flair, the suburb of Observatory has drawn in many creative investors looking to put their unique imprint on the Cape Town property market. With that in mind, we are excited to present to you one such property located in Five Howe. With a trendy industrial feel, this well kept, low maintenance open plan apartment encapsulates contemporary loft-style city living.

Taking inspiration from major city’s like New York, this spacious open-plan apartment fully capitalizes on the floor space provided to create a trendy and expansive bedroom, lounge, kitchen, and living space. The space itself boasts a welcoming feel with light finishes and double volume ceilings. Couple this with the exposed brick wall and electrical conduits to create an edgy industrial atmosphere.

The apartments alluring features and perks are further complimented by its ideal location in Observatory with quick access to the City Bowl or Southern Suburbs Via the N2 (including UCT & CPUT), and being close in proximity to Observatory, Woodstock and Salt River's rich collection of markets, hip bars, restaurants and cafes.

Whether looking for a trendy new apartment to call your own or an investment property with a top rental return, this apartment is one not to be missed

Size: +- 67sqm

Levies: +/- R1 488

Rates: +/- R684

Asking Price: R1 300 000

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
67m²
Land Size
67m²

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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

14,088.19

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