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R2,250,000

Monthly Bond Repayment R21,341.63
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

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Monthly Rates
R1,400

Excellent Opportunity

Located in the heart of Observatory is this charming, characterful home. Wooden floors, high ceilings, sash windows and lots of natural light are just a small part of the charm and character. At the front of the property there is a cute garden and a large veranda. There are 2 large bedrooms. One bedroom has a working fireplace and the 2nd bedroom has a study/walk-in closet. The living room is large and is open plan with the eat-in kitchen. There is a built-in oven and stove and plumbing for a washing machine. The kitchen leads to the courtyard at the back of the property. The bathroom is separated into 2 rooms. The wash room, with hand basin and space for a laundry and the separate shower and w/c. There is a single garage with direct access to the house.

This home is in need of some TLC but with a little care and imagination it offers a wonderful opportunity to own a larger than normal cottage in Observatory.

Features

2
1
1
Interior
Bedrooms
2
Bathrooms
1
Furnished
No
Exterior
Garages
1
Sizes
Floor Size
150m²
Land Size
200m²

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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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

21,341.63

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