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R2,600,000

Monthly Bond Repayment R27,727.17
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R1,400

Centrally located 3-bedroom primed for brilliant rental yield or to be a lovely family home

Exclusive mandate | Offers from - R 2 600 000

This Victorian classic in the heart of Observatory offers a multitude of must have features for anyone looking to step into the Cape Town property market. Whether purchasing as an investment or looking for a new home, this one is not to be missed. The vibrant design, offering all the necessary comforts and features one would expect from a 21st century home, has neatly been integrated into the house‘s timeless Victorian architecture.

Located in Observatory, this expansive 3 bedroom, 2 bathroom home has vast potential for interior design and renovation to create your ideal home. Upon entry one will find the 2 well-kept bedrooms, with one of the bedrooms being en-suite and offering a fully equipped kitchenette. Each bedroom is spacious in feel and welcomes light throughout the day through the original sash windows. The lounge/dinning area and adjoining potential kitchen space are also in good condition with the lounge offering wooden floors and a timeless Victorian fireplace. To the back of the house one will find the laundry/storeroom, the immaculate garden courtyard with adjoining undercover patio as well as the garage.

In distinctive Victorian fashion, each room conveys a welcoming sense of space with high ceilings, light finishes and ample windows at key areas throughout the home further add to the warm and open atmosphere. The property also features a number of unique benefits such as completely new roof sheeting and insulation, all-new plumbing and electrical throughout, 2 new geysers, Fibre installation as well as a full alarm system and electrical fencing.

The house’s alluring features and perks are further complimented it’s ideal location in Observatory with quick access to the City Bowl or Southern Suburbs via the N2, not to mention being minutes away from Observatory & Woodstock's rich collection of markets, hip bars, restaurants and cafés.

This home is perfect for a family, young couple or investor looking for a property that can yield premium rental and capital growth.

Size: ± 200 SQM

Rates & Tax: +- R 1400

1x Secure garage parking

Offers from: R 2 600 000

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Sizes
Land Size
200m²

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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Sign up for bespoke property market updates here   South Africa's 2024 Medium-Term Budget Policy Statement (MTBPS), recently presented by Finance Minister Enoch Godongwana, focuses on balancing economic growth with fiscal...
 
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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

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Monthly Payment

27,727.17

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