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R1,095,000

1C HIBISCUS WAY

Monthly Bond Repayment R11,489.35
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R345

2 Bedroom apartment for sale

The perfect opportunity for an investment/first time buyer.

We are proud to present this sole and exclusive mandate.

Nestled within the charming development called Sadre Park in Durbanville, this older apartment presents a unique investment opportunity in a tranquil setting. The property boasts a monthly rental income potential of R8000, making it an attractive prospect for those seeking a steady return on investment.

As you step into the apartment, a sense of timeless charm envelopes you, with a touch of nostalgia from days gone by. The interior exudes character, showcasing the enduring appeal of the architecture. The well-maintained living spaces feature classic details, offering a cozy and inviting ambiance.

The bedrooms stand out for their generous proportions, providing ample space for comfort and relaxation. Natural light streams through the windows, enhancing the warm and welcoming atmosphere. Each room is a canvas waiting for personal touches and decor that will bring out its unique charm.

One of the highlights of this apartment is the balcony that graces the living area. Overlooking an expansive open field, the balcony serves as a private oasis, perfect for enjoying leisurely mornings with a cup of coffee or unwinding in the evening while taking in the serene surroundings. The open field adds a touch of nature to the urban setting, creating a peaceful backdrop for residents.

Investing in this Sadre Park apartment not only promises a reliable monthly income but also provides a chance to be a part of a community that values tranquility and a connection to nature. With its spacious bedrooms, charming balcony, and proximity to open green spaces, this property offers a harmonious blend of comfort and investment potential in the heart of Durbanville.

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Exterior
Garages
1
Sizes
Floor Size
60m²
Land Size
60m²

In the news

Turning tides for the Northern Suburbs property market
The Quay 1 International Realty team has taken note of the shifting tides in terms of people purchasing property to allow for scenic living and space as opposed to work proximity. Owing to the impact of Covid-19, which has...
 
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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
%

Monthly Payment

11,489.35

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