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R1,749,500

Monthly Bond Repayment R16,594.30
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

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Monthly Rates
R1,000

Excellent Starter Home

This is a delightful cottage and offers so much more than meets the eye. With ample light and a warm welcoming feel this cottage feels like home. Situated in the heart of vibey Observatory this is the ideal home for someone looking for a started home.

The living room and kitchen are open plan and there is space for a dining table. The kitchen has a built-in oven and stove and is plumbed for a dishwasher. An added bonus is the separate scullery and laundry area. The living opens to the courtyard at the back of the house. There is Astro turf and a built-in braai. Ideal for entertaining.
The bathroom has been completely redone and has a bath, freestanding shower, a w/c and a wash basin.
Both bedrooms are a good size. The first has French doors leading to the front patio area and the main bedroom has built-in cupboards and a door leading to the courtyard.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Furnished
No
Sizes
Floor Size
88m²
Land Size
115m²

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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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
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Monthly Payment

16,594.30

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