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R4,550,000

Monthly Bond Repayment R48,522.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R3,500
Monthly Rates
R1,600

Including VAT, with no transfer duty payable, and sold with all furniture included

With confirmed bookings until 01 April 2025 to the value of R316 000.00 and generating an income of nearly R550,000 per year, this apartment is the perfect turnkey investment. The price includes VAT, meaning no transfer duty is payable, and it comes fully furnished. Additionally, if purchased as a going concern, the VAT could be zero-rated, making this an exceptional deal. Airbnb Friendly.
Located on the 31st floor, this brand-new apartment features one spacious bedroom and offers breathtaking views of Cape Town's vibrant cityscape. The unit includes one dedicated parking space and access to a luxurious pool and bar, providing stunning views—ideal for both relaxation and entertaining.
Positioned in the heart of the Cape Town City Centre, this property offers the ultimate blend of convenience, style, and prime location, making it perfect for investors or lifestyle buyers alike.
Currently managed by Cape Town Lux Property Group for short-term vacation rentals, this apartment promises both comfort and high returns.
Exclusive SOLE mandate. Buyers agents welcome on a 50/50 split.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
52m²
Extras
Covered Parking • Glass Siding • Frequency location • High Speed Internet • Near Park • Near Shopping Mall • Near Shops • North • City Center • Concrete • Modern • Near Hospital • Near Bus • Brick • Renovated • Safe Location • Sea • Lift-Elevator • En-suite Bathroom • Air Conditioner • Contemporary • Air Conditioning Unit • Balcony • Common Areas • By the sea • Near Airport • Near Medical Center
 
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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

48,522.55

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