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R1,795,000

Monthly Bond Repayment R19,142.41
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Lovely Studio Apartment In Bantry Bay!

For Sale In Bantry Bay | Asking Price: R1 795 000

Indulge in the allure of owning a prestigious property in the heart of Bantry Bay. Picture the delight of investing in a property where your finances thrive while you revel in the opulent lifestyle of one of Cape Town's most esteemed hotels. Your investment guarantees a steady monthly income of R7000, with the promise of generous compensation should the property exceed expectations in the following financial year. The President Hotel transforms your investment into a valuable asset, ensuring a secure and gratifying experience.

Nestled within the confines of The President Hotel awaits a delightful 26-square-meter hotel room, awaiting your ownership. Beyond the prestige of owning property in one of Cape Town's most coveted locations, this room comes fully furnished, promising comfort and convenience. Upon entry, you're greeted by a captivating vista of Lion's Head. The bedroom area offers ample space for a queen-sized bed and a desk, catering to both relaxation and productivity for your esteemed guests.

Venturing beyond the bedroom, you'll find a well-appointed kitchenette, perfect for the needs of your guests. Adjacent to the kitchenette lies a spacious bathroom, complete with a toilet, basin, and shower. This room has been meticulously crafted to cater to your guests every need, whether they're here for business or leisure.

As the proud owner of this property, you'll enjoy the privilege of residing here for up to 30 days a year.

Additional Benefits for Owners:

- Convenient semi self-catering kitchenette equipped with microwave, minibar fridge, Tea and coffee-making facilities
- Complimentary High-Speed WiFi
- Air Conditioning / Heating
- LED Energy-Saving Lighting
- Wall-mounted flat-screen TV with Google Chromecast
- Hairdryer
- Quality Linen and Towels
- Complimentary Bathroom Products
- Shaver Outlet (220 – 110 volt)
- Electronic Safe
- International Plug Points
- Wake-Up Service
- Daily Housekeeping

The apartment's captivating attributes and perks are complemented by its contemporary design, scenic views, and prime location just moments away from the renowned Promenade. With easy access to the CBD and the iconic Waterfront, as well as proximity to Sea Point's array of upscale eateries, trendy bars, and chic cafés, this property is a must-see for discerning purchasers and investors alike.

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.

Ready to elevate your property experience? Contact your Quay 1 broker to learn more.

Size: ± 26 SQM

Levies: TBC

Rates: TBC

Asking Price: R1 795 000

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Studies
1
Furnished
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
26m²

Sea Point, Cape Town

Sea Point is a trendy suburb within Cape Town and is situated on a narrow stretch of land between Cape Town's well known Lion's Head and the Atlantic Ocean. It's a high-density area in which one can find beautiful apartments and houses of all shapes and sizes. By all accounts, Sea Point is the perfect blend of seaside living and city life. It's home to some of Cape Town's most famous restaurants, shopping...
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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

19,142.41

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