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R14,850,000

Monthly Bond Repayment R158,364.80
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R7,699

Freehold - 3 Investment Apartments

Prime Freehold Investment Opportunity in De Waterkant

Discover this exceptional freehold investment property in De Waterkant, featuring three premium apartments of unmatched quality. Nestled in the charming and historic De Waterkant neighbourhood, known for its picturesque tree-lined streets and unique character homes, this area offers a village-like ambiance with a European flair. Boasting proximity to top-tier cafes, restaurants, and bars catering to a discerning clientele, this investment promises a lucrative income stream and excellent return on investment.

This freehold consists of three units, including two elegant 1-bedroom apartments on the first floor and a luxurious 2-bedroom apartment on the ground floor. Each first-floor apartment showcases a entrance hall leading to a stylish built-in kitchen with gas stove, ample storage, and a cozy breakfast nook. The spacious bedroom features shutters and built-in cupboards. A separate shower room is complete with quality sanitaryware and a single vanity unit with storage. Enjoy breathtaking harbour and City views from the lounge and open-plan dining areas with stacking doors which open onto a covered balcony with a built-in braai facility. The apartments are meticulously finished with features like a fireplace, sash windows, American shutters, and integrated lighting.

The expansive ground floor garden apartment boasts a separate entrance leading to a grand entrance hall with high ceilings and exposed brick walls. This apartment comprises two ensuite bedrooms, including a master bedroom with a shower and bath, as well as, a separate dressing room with access to a private courtyard. Additionally, there is a guest WC for convenience.
The open-plan living, dining, and kitchen areas feature a stylish island, industrial countertops, a gas stove, scullery and pantry. Flowing seamlessly to a deck and garden area, the living space is enhanced by stack back security doors and American shutters for year-round comfort. The garden presents an opportunity to enhance value with the addition of a pool if desired.

Included with are four generous off-street parking bays and a secure external storage room, ensuring convenience and practicality.

Don't miss this exclusive investment opportunity presented by Kapstadt International Properties.

Features

4
4.5
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4.5
Kitchens
3
Reception Rooms
6
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Sizes
Land Size
410m²
Extras
Alarm System • Security Gate • Courtyard • Garden

De Waterkant, Cape Town

Nestled on the lower slopes of Signal Hill between the CBD, Bo Kaap and Green Point is the historic suburb of De Waterkant. Quite possibly the prettiest as well as the smallest of all of the Cape Town suburbs.This area is steeped in history, initially being the home of Malay slaves and latterly British soldiers before its most recent incarnation as a desirable residential area that is at the heart of Cape Town's gay...
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Disclaimer: While every effort will be made to ensure that the information contained within the Kapstadt International Properties website is accurate and up to date, Kapstadt International Properties 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

158,364.80

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