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R5,100,000

Monthly Bond Repayment R49,216.10
Calculated over 20 years at 10% with no deposit. Change Assumptions

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Dual-zoned 2-bedroom apartment with storeroom and multiple parkings

THE COLOSSEUM - Brand new, spacious dual zoned residential/commercial space in the city centre.
Direct from the developer so no transfer duty and price excludes VAT.

The Colosseum is a unique and architectural landmark, originally one of Cape Towns earliest cinematic theatres, designed in classic art deco style, it has now been transformed into a showpiece of apartments and studios, all with dual zoning rights for both residential and commercial use.

With entrances on both Adderley Street and a main entrance in St Georges mall with reception and security guard with secure access, The Colosseum is perfectly situated near major arterial routes and all the attractions the city centre has to offer.

Large, 167sqm loft style apartment with exquisite styling throughout and great use of glass, wood and functional spaces.
Modern, open plan all black Italian kitchen and spotless, elegant bathroom, both en-suite with top finishings. Fantastic 5.5m ceiling height and large windows allow for plenty of natural light. Guest bedroom downstairs with en-suite bathroom. A striking staircase leads to the mezzanine-level en-suite master bedroom.

Importantly comes with secure, dual tandem parking bay for 2 vehicles in the building with direct access. Air-conditioning and heated floors throughout.

Option to buy up to 8 parking bays including a lock-up garage for two cars plus storage area.

Short-term rentals allowed

Size: 167sqm

Levies: R3,673
Rates: R3,800

PRICE EXCLUDES VAT

Features

2
2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
2
Security
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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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
Vat @ 15%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 15%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

49,216.10

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