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R1,395,000

Monthly Bond Repayment R14,876.69
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,500
Monthly Rates
R800

2-Bedroom Apartment in Salt River

Exclusive Listing | Asking Price: R 1 395 000

We are excited to present this 2-bedroom apartment in the heart of Woodstock, located in the highly sought after Oakwood Apartment Complex.

This North facing apartment effortlessly captures everything one needs in an ideal investment property in Cape Town with a commodious layout and a well-kept interior, to the secure parking and spacious balcony. With newly installed aluminum windows, perfectly located at key points throughout the apartment, one can enjoy the stunning sunlight the apartment welcomes from the moment the sun comes up and throughout the warm Woodstock days. The perfect orientation of the apartment allows one the pleasure of being protected from the harsh winds Cape Town can stir up and will see you braaing on the balcony, while taking in the vivacious views, even on the windiest of days. The open-plan setup creates a great space for entertaining and emphasizes the stunning space the apartment has to offer.

The main bedroom offers ample light, built-in cupboards and harbor views while the second bedroom also provides built-in cupboards.

The block's alluring features and perks are further complemented by the 24-hour manned security, electric fencing, and gate, it's ideal location (being in walking distance of Roodebloem Road) with quick access to the City Bowl or Southern Suburbs Via the N2, and its close in proximity to Woodstock, Salt River and Observatory’s rich collection of markets, hip bars, restaurants, and cafes.

Viewing by appointment.

Size: +/- 65 sqm

Rental: R12 500p/m

Levies: +/- R2 500

Rates: +/- R800

ROI: Currently at 6,7% yield

Asking Price: R 1 395 000

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
65m²
Land Size
65m²

Woodstock, Cape Town

Renowned for its artistic standing and Victorian architecture, Woodstock is also home to an array of trendy restaurants, creative media businesses and bustling markets. Modern day Woodstock is the perfect fit for the property owner looking to experience a vibrant suburb which combines a village atmosphere with a touch of city living.
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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
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Monthly Payment

14,876.69

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