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R1,800,000

4.2 Adderley Apartments, 31-39 Adderley Street

Monthly Bond Repayment R19,195.73
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,315
Monthly Rates
R2,800

A Smart Investment

This immaculate apartment, located in the heart of Cape Town, has been a highly successful Airbnb property for several years. A unique feature of this property is access to not just one, but two rooftop pool decks, as well as a gym. The Adderley Terrace pool, which is 20 meters long, is perfect for serious swimmers, while the Adderley Apartments pool, exclusively available to owners and residents, offers ample sunbathing space and two gas braais.

One of the few buildings in the city as yet unaffected by load shedding, this apartment is a true gem. Upon entering, you’re greeted by a hallway that includes a guest loo. The main living area is an open-plan space that combines the kitchen, dining area, and lounge, with a west-facing window. The bedroom is exceptionally spacious, featuring air conditioning, an oversized bath, and a large walk-in shower in the en-suite bathroom. The apartment also includes a secure parking bay, the entrance to which is manned 24/7, and the entire building is access-controlled.

This area of the city has undergone extensive gentrification over the last decade with City Centre Improvement District security guards on duty 24/7. Behind the complex is Church Sq, home to Labotessa, a five star boutique hotel and Fyn restaurant, voted number 37 in the World’s Best Restaurant list. Across Adderley St, a short walk takes you to Bree St and some of the best restaurants in town. The secure parking garage is manned 24/7 and there is direct access into the building. There are several MyCiti bus stops in the vicinity for getting around the city, to the beaches of Camps Bay or to the V & A Waterfront.

N.B. Price excludes VAT - the sale is not subject to transfer duty

EXCLUSIVE SOLE MANDATE

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
61m²

Cape Town City Centre, Cape Town

CAPE TOWN CITY BOWL, CAPE TOWN The City Bowl of Cape Town is one of the oldest and most sought after residential areas in South Africa. The  City Bowl, which includes Oranjezicht, Tamboerskloof, Gardens, Bo-Kaap, Vredehoek, Highlands Estate and Devil’s Peak is set against the majestic slopes of Table Mountain, a World Wonder overlooking the City  and Table Bay where Jan van Riebeeck first set foot in 1652. ...
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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

19,195.73

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