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R2,195,000

Monthly Bond Repayment R21,182.23
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R1,800
Monthly Rates
R600

Superb double volume city loft and Airbnb income generator

MUTUAL HEIGHTS - This trendy 1 bedroom, 1 bath loft apartment is located in one of the finest art deco buildings in the Southern Hemisphere, Mutual Heights.

Open plan flow from the minute you walk in with kitchen overlooking a lounge area with polished parquet floors, intricate pattern rugs and two tall balcony doors leading out to a balcony sitting above a stunning art deco lobby.

Amenities include access to a gym and pool and the apartment comes with a secure undercover parking bay and 24 hour access controlled security.
The central location of the apartment close to attractions within walking distance as well as restaurants, coffee shops, grocery store and much much more on your doorstep means this is a sought after building for both live in investors or those wanting to rent out short or long term.

Currently the added embedded value of buying with a proven and 5 star average Airbnb rating on Airbnbs prestigious A Plus program means you are purchasing an already income generating investment.

Rates: R600
Levies: R1800


Price: R2,195,000

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Pool
Yes

Cape Town City Centre, Cape Town

The vibrant hub of the city centre has experienced tremendous growth and over the last decade has seen its residential population increase by more than two thirds, predominantly made up of young professionals, students and entrepreneurs. The close proximity to work, meaning one avoids the ever increasing congestion of traffic on the arterial routes leading into the city as well as the abundance of cafes, shops...
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What is a Rental Application and what does it entail?
Although there is no prescribed format and Landlords as well as Agencies have different processes they follow in selecting tenants, it is very common to have to go through an application process when looking to secure a rental...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Kinesis Property website is accurate and up to date, Kinesis Property 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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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

21,182.23

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