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R1,950,000

Monthly Bond Repayment R21,132.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,300
Monthly Rates
R763

Luxury studio apartment in bespoke complex on Bree Street

Sole Mandate. When it comes to an investment opportunity like this, location is key. 16 On Bree places residents in the heart of vibey Bree Street, with its art galleries, artisanal restaurants and contemporary bars. The area has also become a destination in its own right, reflecting the diversity and creativity of Cape Town.

This studio apartment features SMEG appliances throughout and is ideal to leverage for short-term rentals and also includes a single dedicated undercover parking bay. The luxury apartment complex offers a recreation deck with a pool on the 27th level, a residents' outdoor gym, electric vehicle charging facilities, as well as secure bicycle storage and -cleaning facilities

Residents also enjoy the use of a vehicle parking valet service, access to an exclusive rooftop bar, and high-speed fibre optic connectivity. Not to mention a creative workspace that includes formal meeting rooms and hot desking opportunities.

The unit currently houses a long-term tenant with a lease that runs until the end of April 2023, who would like to renew if possible.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
27m²
Extras
Extra Parking, Three phase electricity, Air Conditioner

Cape Town City Centre, Cape Town

Cape Town, also known as the Mother City, because it is home to 49% of the Western Cape's population, was first colonised in 1652. The city is best known for its natural landmark, Table Mountain, one of the Seven Wonders of the World, as well as the harbour and the vibrant city life! One of the many reasons why residents make Cape Town their home is due to the vast scenic beauty and the ample coffee shops,...
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

21,132.29

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