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R16,990,000

194 & 196 Victoria Road

Monthly Bond Repayment R184,121.83
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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The Altona Hotel is an iconic building in Woodstock. Originally built in the 19th Century

It was repurposed in 1901 as a hotel.

By 2014 the property had fallen into a state disrepair and was need of love and attention.

The current owners came across the property and fell in love with the building and the potential. They embarked on an extensive renovation project and restored the Altona to it previous splendour.

All the compliance certificates were done in July 2021.

Total extent of the land 1,466SQM
Total GFA 2,106SQM

Property Features include:
4 x Entrances (One, you can drive straight into the courtyard, offload pieces, and straight into the gallery space).
7 x Offices, each having private bathrooms.
1 x large studio with reception.
1 x first-floor workshop.
1 x attic workshop.
3 x creative studios in the courtyard.
1 x art gallery (With all light fittings to light pieces).
1 x courtyard with direct access to the kitchen, perfect for functions/exhibits.
1 x reception area.
1x Large Balcony.
Male and female toilets.
2 x retail shops facing Victoria Road.
1 x first-floor art studio.
2 x storerooms / garages.
7x Parking secure parkings.
3x On-street allocated parking’s.

The security comprises electric fencing, alarm system, CCTV camera system throughout, security gates, and burglar bars.

Features

10
5
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Carports / Parkings
7
Security
Yes
Sizes
Floor Size
2,106m²
Land Size
1,466m²

Woodstock, Cape Town

Woodstock is located in the Western Cape province and is one of the earliest suburbs of Cape Town. Woodstock is a dynamic and ever-changing neighbourhood characterized by its unique and alternative atmosphere. Here, you'll find a blend of hipster cafes, vegetarian eateries, and art galleries that have taken up residence in repurposed old factories adorned with vibrant murals. The colourful and vibrant town has a...
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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

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Monthly Payment

184,121.83

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