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R2,495,000

Monthly Bond Repayment R26,178.94
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R2,613
Monthly Rates
R550

Prime Investment Opportunity with Ocean and Table Mountain Views

Presenting an exceptional investment opportunity, this one-bedroom apartment offers the perfect combination of prime location, stunning views, and future potential. Situated directly across the road from the beach, this 57-square-metre apartment boasts unobstructed views of both the ocean and the iconic Table Mountain, making it an ideal property for rental investors or a place to call home!

Imagine unwinding on your open balcony, gazing at the setting sun over the ocean with Table Mountain in the background. All while being mesmerized by the kitesurfing, right in front of your home. The open-plan kitchen flows seamlessly into the spacious lounge, creating a bright and airy living space that capitalizes on the stunning views. The bedroom features an en-suite bathroom, offering both privacy and convenience.

Additionally, the apartment comes with a single garage and an allocated parking bay, a rare find in such a sought-after location. With the property being just a short walk from the vibrant restaurants and the renowned Kite Beach, the demand for short-term rentals is incredibly strong, making this a highly desirable asset for any investor.

Whether you are looking for a prime location to capitalize on the growing Airbnb market or seeking a property with the potential to add value, this apartment offers the perfect canvas to achieve both.

While the apartment is in good condition, it may require some modernizing to bring it up to current trends, presenting a fantastic opportunity for value-add investors to enhance the space and maximize returns.

Seize this rare opportunity today and position yourself for future success in one of the most desirable coastal locations. Contact us to arrange a viewing and explore the potential this property holds.

Features

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1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Carports / Parkings
1
Sizes
Floor Size
57m²
Land Size
57m²

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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

26,178.94

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