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R1,150,000

Monthly Bond Repayment R11,097.75
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Levy
R1,600
Monthly Rates
R350

Large one bedroom apartment

Way bigger than the norm - this spacious one bedroom apartment offers 62 square metres under roof. Open plan kitchen gives onto a large living room comprising distinct areas with new laminate flooring. A good sized bedroom is fitted with built in cupboards. One secure parking bay. Excellent investment return - just let for 12 months renewable at R7500 per month. Excellent resident tenants in place for a least a year! Conveniently situated in a smaller, older block with easy access to Cavendish Square, arterial roads and UCT.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Furnished
No
Exterior
Carports / Parkings
1
Sizes
Floor Size
62m²

Claremont Upper, Cape Town

Upper Claremont lies 9,6 km south of Cape Town’s city centre, between Newlands and Kenilworth and about twenty minutes from the warm waters of the False Bay beaches to the south, and a similar distance from Cape Town International Airport. The former Arderne Gardens, now a superb public park, contains a fine collection of exotic trees planted by H.M. Arderne during the 19th century. Claremont was also the home...
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Semigration and tourism pickup to boost to Cape rental market
It is not just the demand for residential accommodation that drives the Cape Town rental market, but added economic drivers such as tourism, conventions and events, corporate contracts and semigration according to the Seeff...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

R
%

Monthly Payment

11,097.75

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