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R1,731,000

Monthly Bond Repayment R18,162.62
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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2 BEDROOM APARTMENT

Superbly Positioned and Excellently Priced !!
An excellent combination of LOCATION and PRICE makes 1 on Albert in Woodstock an ideal investment opportunity for seasoned investors, as well as young professionals/first time homeowners.
These high-end furnished 2 bedroom units with the latest in space-savvy appliances have a modern feel and lovely views of Table Mountain and parts of Cape Town harbour. It is  fitted with fiber and TV/Netflix and is Tenant Ready. The complex has a lovely communal lounge with TV, and a outside pool and gym.  Parking is not included in the purchase price but can be made available for purchase at an extra cost.
Security is key and the complex has close circuit TV, a centrally situated hotel style lobby/reception and a lift to access the underground parking , all eight floors  the communual lounge and the pool & gym.
With retail space below, residents will have on-demand access to meeting and eating spots, laundromats, a pharmacy and entertainment areas.
One on Albertis conveniently located in proximity to several key locations and enjoys quick and easy access to the City Bowl and Southern Suburbs, thanks to its strategic positioning between the N2 and N1 highways.  It is also in easy reach of Cape  Town International Airport (16km), Robben Island Ferry ( 4.6 km) , the  V&A Waterfront  ( 6.2 km) and Kirstenbosch National Botanical Garden which is only 10 km away.
Woodstockwith it's abundance of historical landmarks and buildings, cultural activities and creative shops provides for a bespoke ambience, delightful character and a uniquely diverse property market. Apart from its convenient location Woodstock’s continual growth can be ascribed to the successful mix of residential, commercial, artistic and social factors which have been achieved ; thus attracting a broad range of investors, home buyers and tenants. Despite with the escalation in price, many prospective buyers still feel that Woodstock remains more cost-effective than the Atlantic Seaboard and the inner CBD - driving the demand up even further.
Another component, adding to Woodstock’s appeal is that this suburb has been identified as an Urban Development Zone (UDZ).
The opportunity : Opt for Investing early in one or more  of the Tenant Ready two bedroom units  ( 25 sqm- 60 sqm ) in 1 on Albert which is known for AirBnB accommodation with high occupancy rate and good yield history !

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Studies
1
Furnished
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
41m²
Land Size
1,288m²
Extras
Near Congress-Centre • Near Highway • Modern • Closed Circuit TV • Appliances Included • Alarm System • Near Medical Center • Roof Terace • Near Motorway • Near Airport • Pets Not Allowed • Garage • On Busy Road • Open • Good reachable traffic • New Building • Hob • Mountain • Air Conditioning Unit • Gymnasium • Near Schools • Lift-Elevator • Near University/Campus • Fibre • Near Shops • Built In Appliances • Gas Oven • Near Public Transportation • Near Shopping Mall • Wheelchair Accessible • Near Hospital • Near Railway station
 
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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:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

18,162.62

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