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R2,950,000

Monthly Bond Repayment R31,969.36
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,400
Monthly Rates
R1,420

Designer apartment in great Location

Introducing a remarkable investment opportunity on Upper Rhine Road: a beautifully renovated 1-bedroom, 1.5-bathroom apartment with stunning sea views, a designated parking bay and a 2sqM lockable storage space. This property is truly a dream come true for homeowners and an exceptional income generator on Airbnb.

Prepare to be captivated as you step into the meticulously designed living space. Every aspect of the apartment has been thoughtfully renovated to provide a modern, stylish ambiance that will enchant even the most discerning buyers. The attention to detail creates a harmonious and inviting atmosphere that you'll love coming home to.

The bedroom offers a cozy retreat with ample storage space and an en-suite bathroom for your convenience. Imagine waking up to panoramic views of the sparkling ocean, allowing the gentle sea breeze to refresh your senses and start your day on the right note.

The living area is a haven for entertainment, featuring an open floor plan that seamlessly connects the living room, dining area, and kitchen. The kitchen boasts top-of-the-line appliances and sleek, contemporary finishes, making it a culinary haven for aspiring chefs and food enthusiasts.

One of the standout features of this property is the inclusion of an inverter for lights, TV, and Wi-Fi, and also back up generator for lifts, lights and security cameras. This ensures uninterrupted connectivity and comfort during power outages, allowing you to enjoy modern conveniences without any disruptions, no matter the circumstances.

What truly sets this apartment apart is its incredible income-generating potential. Its prime location and stunning sea views have made it a highly sought-after listing on Airbnb. Take advantage of the booming short-term rental market and experience a significant boost in your investment returns through a lucrative passive income stream.

Additionally, this apartment is surrounded by an array of amenities. Explore the vibrant neighborhood, savor exquisite dining options, or simply relax on the nearby pristine beaches. The possibilities are endless, and the choice is yours.

Don't miss out on this exceptional opportunity to own a beautifully renovated 1-bedroom, 1.5-bathroom apartment on Upper Rhine Road. Whether you're seeking a luxurious home or a savvy investment, this property has it all. Contact us today to arrange a viewing and secure your slice of paradise. With its quick walk to the Sea Point hub, buzzing with restaurants, cafes, and shops, you'll have everything you need at your doorstep. Take a brisk walk to the Promenade, Artem shopping center, or enjoy easy access to world-renowned beaches like Clifton and Camps Bay. Within a short drive, you can explore the Waterfront, Zeitz MOCAA Museum, Mouille Point, Cape Town Stadium, Green Point Park, Bo
Kaap, CBD, Table Mountain Cable Car, Signal Hill, Lion's Head, and so much more. The possibilities for adventure and relaxation are endless.

If you are an International Buyer we can guide you through the entire process including all associated risks and potential returns.We will handle all aspects of the transaction , including the correct structure for your investment and assurance that if you do eventually want to sell ,the funds and profits will be able to be transferred back to you.

So don't miss out on this wonderful opportunity.

Contact us as soon as possible to schedule a viewing and make this rare find your own slice of paradise.

Features

1
1.5
Interior
Bedrooms
1
Bathrooms
1.5
Kitchens
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
51m²
 
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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

31,969.36

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