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R1,250,000

Monthly Bond Repayment R13,330.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Bachelor Unit in Obs

Exclusive Listing | Asking: R 1 250 000

We are excited to offer you this Ideal investment property prepped and ready for optimal rental returns. This property is geared up for that first time buyer ready to get into the Cape Town property market.

This studio apartment located on the 3rd floor of the ever popular Obz Junction effortlessly captures everything one needs with its contemporary design and finishes, including the secure parking and a balcony for entertaining – this unit is a must see.

The apartment has been designed with contemporary style in mind offering a spacious open plan layout & tiled flooring. The modern kitchen has an under-counter stove and extractor fan and space for a standard sized fridge/freezer and one appliance which is excellent use of space keeping in mind that this is a studio apartment. The unit also comes with 1 dedicated parking bay.

The perks don’t stop there as this block offers an array of additional features and amenities such as excellent security.

The block itself is conveniently located close to an assortment of Observatory’s markets, hip bars, restaurants, cafés and fashionable apparel stores for your enjoyment.

Rates: ± TBD

Levies: ± TBD

Size: ± 36 sqm

1 x Secure underground parking bay

Asking: R 1 250 000

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
36m²
Land Size
36m²

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

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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

13,330.37

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