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R1,650,000

Monthly Bond Repayment R17,596.09
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,010
Monthly Rates
R549

Studio Apartment Available in Sea Point

We are delighted to present another prime investment opportunity in Cape Town. This apartment embodies the essence of the vibrant Sea Point neighbourhood, offering a true reflection of its lifestyle. This studio apartment features a welcoming design with an open-plan kitchen and living area. The bathroom is equipped with a basin, toilet and shower with modern finishes.

The building provides security at all main entrances, along with perimeter booms and surveillance cameras, contributing to a safe and relaxed living experience in the heart of Sea Point.

With its prime location just steps from the Promenade, morning swims and evening strolls are easily within reach. Within a 5–10 minute drive, you can access the V&A Waterfront, City Bowl, Clifton, Camps Bay, Lion's Head, and Table Mountain. A variety of trendy markets, shops, bars, restaurants, cafés, and supermarkets are all at your doorstep.

This property is an excellent opportunity for both discerning buyers and investors.

Asking Price: R1 650 000

Parking Bay is rented from the body corporate at ± R360 and will carry over to the new owner.

Short term let not permitted

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
21m²

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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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,596.09

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