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R6,500,000

Monthly Bond Repayment R70,440.96
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R6,600
Monthly Rates
R4,772

Airbnb friendly Penthouse living in the heart of the Mother City

This motivated seller will consider all reasonable offers.

Become a "Local on Long!" Located on popular Long Street, this 216 sqm penthouse apartment is located in a historic and secure block in the hub of the CBD. From the entertainment patio with an outdoor braai area, one enjoys lovely views of the city below and partial sea views.

There is a scullery adjacent to the well-equipped kitchen leading to the open plan lounge/dining area with a fireplace.

The apartment has three spacious bedrooms and two bathrooms. All bedrooms are located on the upstairs level, creating privacy to the living area downstairs.

While the main bedroom is en-suite, the family bathroom is shared by the second and third bedroom and in there is a guest cloak.

A store room, 2 secure parking bays and 24hr security add value to this best buy in Cape Town's CBD.

The block allows short term lets and with vision, combined with an eye for detail, this is a great opportunity to maximize the penthouse's potential by upgrading and modernizing it turning it into an income-generator.

Features

3
2.5
Interior
Bedrooms
3
Bathrooms
2.5
Reception Rooms
1
Exterior
Carports / Parkings
2
Security
Yes
Views
Yes
Sizes
Floor Size
216m²

Cape Town City Centre, Cape Town

Cape Town, The Cape of Good Hope, Kaapstad or The Mother City - despite what you choose to call it, Cape Town is without a doubt one of the most spectacular destinations in the whole of Africa. Made up of a mishmash of unique suburbs and neighbourhoods, all with their own heritage, culture and atmosphere - this city is alive with electric activity. Founded in 1652, Cape Town is the oldest urbanised area in the...
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

70,440.96

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