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R7,499,000

Monthly Rates
R2,500 Excl. VAT

Investment Opportunity - Buy your own apartment block in Table View

EXCLUSIVE SOLE MANDATE(Agents please respect the mandate, don't contact the Sellers)
Welcome to an exceptional investment opportunity nestled in the heart of Table View, boasting a block of four apartments within walking distance of the picturesque Blouberg beach. This property presents an ideal prospect for investors or those considering Airbnb ventures, offering a blend of spacious accommodation, convenience, and potential for lucrative returns.
Property Overview:
* Location:Situated within walking distance of Blouberg beach, residents can indulge in the tranquil beauty of the coastline and breathtaking sunsets.
* Amenities:Enjoy the convenience of proximity to shops, restaurants, and essential amenities, enhancing the appeal for both residents and potential guests.
* Configuration:The block comprises four distinct apartments, each designed to cater to diverse lifestyle needs.
Apartment Features:3-Bedroom, 2-Bath with Garden and Storeroom:Approximately 150 sqm of living space, offering ample room for comfortable living. The inclusion of a garden and storeroom adds value and versatility.3-Bedroom, 2-Bath with Balcony:Spanning roughly 140 sqm, this apartment boasts a balcony, providing a perfect spot to unwind and soak in the surrounding views.2-Bedroom, 2-Bath with Garden:Offering approximately 75 sqm, this apartment is complemented by its own garden space, ideal for relaxation or outdoor entertaining.2-Bedroom, 2-Bath with Balcony:Mirroring the size at 75 sqm, this apartment features a balcony, adding an inviting outdoor element to the living space.Garages and Parking:Two double garages, measuring 34 sqm and 40 sqm respectively, provide secure parking for residents. Additionally, three parking spaces ensure convenience for occupants and guests.
Investment Potential:Rental Income:While currently below average market rates, there exists substantial potential to maximize rental income. Detailed figures are available upon request, showcasing the lucrative prospects this property holds.Pet-Friendly:The pet-friendly nature of the complex further enhances its appeal, catering to a broader range of potential tenants or guests.
Additional Features:
* Utilities:Each apartment is equipped with prepaid electricity meters and water meters, offering convenience and transparency in utility management.
* Plot Size:Spanning 1004 sqm, the property offers ample space for potential extension, subject to municipal approval, presenting an opportunity for further development.
* Management:With no body corporate in place, the property is efficiently managed by the owner, ensuring streamlined operations and minimal overheads.
Don't miss out on this rare chance to acquire a prime investment property in Table View, offering not only immediate returns but also promising prospects for future growth and expansion. Contact us today to arrange a viewing or to request further information on rental income and potential. This is an opportunity you won't want to let slip away!

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
1,004m²
Extras
Safe Location • Washing Facilities (in apartment) • Near Hospital • 2 Car Garage • Near Shops • Upgraded Bathroom • Garage with Automatic Door • Near Schools • Near Beach • Fibre • Near Golf Course • On Busy Road • Common Areas • En-suite Bathroom • Eat-in Kitchen • Unfurnished • Built in Wardrobes • Built In Appliances • Near Shopping Mall • Near Public Transportation • Near Park • Near Fitness centre • Covered Parking • Garage • Shower • Balcony • Renovated
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

106,507.89

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