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R3,737,500

407 THE WINCHESTER, 228 Main Road

Monthly Bond Repayment R40,503.55
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R3,682

Modern Apartment

Conveniently situated in Observatory close to all amenities, public transportation routes and a stone throw way from the CBD. This secure and impeccably maintained unit offers 2 bedrooms, 2 bathrooms, an open-plan kitchen dining/lounge area which leads to a large balcony.

This apartment is a perfect investment opportunity or place of residence for a young professional, small family and alike. The building has 24/7 manned security and the unit includes a secure parking bay for 1 vehicle.

The building offers a Café, gym and swimming pool. The apartment is fibre ready.

The current tenant has a lease agreement expiring in 2024 and his current rental is R15 200 with an annual increase of 7.5%.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
75m²

Observatory, Cape Town

Observatory, also known as Obs by the locals, is a mere few minutes away from Cape Town city centre. Observatory residents are an eclectic mix of academics, professionals, students, bohemian artists and young starter families. The suburb is named after the Royal Observatory which was founded in 1820, and is still operational and open to the public for tours. Its central location allows easy access to all...
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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

40,503.55

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