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R1,700,000

Monthly Bond Repayment R18,423.02
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R2,052
Monthly Rates
R295
Special Levy
R1,763

AIR B&B - Ideal income generator!

Ideal weekend hide-away or rent out daily and make a fortune!
Seaside oasis where you enjoy FABULOUS VIEWS from every corner of this yuppie style apartment! The bedroom has built-in cupboards and the luxurious bathroom offers a walk-in shower. The apartment has one secure parking bay in the basement.
Certain furniture items are available at an extra cost, but all the linen and towels are included in the selling price.
Included in the levy: Water usage / Electricity for lights / Electricity for geyser

The building offer 24-hour security and has a communal swimming pool for the enjoyment of all the residents. To prevent any discomfort if there is a power failure, the building is equipped with a generator and the entrance gates, all the lights on the communal areas and one of the lifts will be working.

Strand is a seaside resort situated on the eastern edge of False Bay with the Hottentots Holland Mountains as a backdrop. The main attraction is the 5 km of white sandy beaches. The main beach is referred to as the Golden Mile and is regarded as one of the best and safest bathing and surfing areas in the country. A recent upgrade in Strand includes a newly developed promenade. Facilities in Strand include a Water World with a super tube and mini-golf course, the Strand Golf Course, an Olympic-sized indoor heated swimming pool, top class restaurants, etc. The coast between the Lourens River mouth and Rooi Els is popular with beach fishermen and rock anglers. Strand is in close proximity to main tourist attractions, the well-known Cape Winelands and business centres. It is only 50km from Cape Town and a quick 20 minute drive takes you to the Cape Town International Airport.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
45m²

Strand South, Strand

Strand is a seaside resort town located in the Western Cape province and is situated in the Helderberg region of the City of Cape Town Metropolitan Municipality, offering a picturesque setting between the magnificent Helderberg Mountains and the northeastern shores of False Bay. Nestled just 50 km southeast of the vibrant Cape Town City Bowl, Strand is the epitome of convenience, ideally situated between the...
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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

18,423.02

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