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R4,128,500

706 THE WINCHESTER, 228 Main Road

Monthly Bond Repayment R44,740.85
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R3,909

Beautifully Charming Apartment

This 2 bedroom, 2 bathroom apartment has a modern kitchen with stone top surfaces and plumbing for a washing machine and dish washer that opens up to a dining/lounge area. This modern space has been well maintained and includes a spacious balcony for Cape Town's beautiful summer days and nights.

The apartment building is safely secured with 24/7 manned security and the unit includes a secure parking bay for 1 vehicle. The building is conveniently located close to shopping centres, recreational facilities, restaurants, public transportation routes and close to Cape Town's Central Business District.

There is an on-site café, swimming pool and gym. The apartment is fibre ready and is currently occupied by a tenant at a rental agreement of R17 120.00 with an annual escalation of 7% until the end of 2022.

It is an investment opportunity and would suit a young professional or small family/similar well as a place of residence.

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

44,740.85

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