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R1,995,000

Monthly Bond Repayment R21,619.96
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R3,053
Monthly Rates
R540

Large 3 bedroom beachfront apartment with storage room

Last sale in block was R2 600 000. Rare opportunity at R1 995 000.

Purchase a 123sqm beachfront property in the best investment area in Cape Town. Muizenberg is seeing major growth and development. Property prices over the next few yrs are climbing fast.

Walk across the road to the famous muizenberg beachfront. Sunrise beach walks, sunset surfs/swims and everything the beach lifestyle has on offer.

The property is located on the 1st floor with a spacious lounge with beachfront views leading to private bar/entertainment area. The 3 spacious bedrooms all offer beachfront views. Large kitchen with plenty of cupboard space and built in stove. The main bedroom offers an ensuite bathroom with shower. The family bathroom is located in the passage.

Comes with a 6sqm separate storage room.

Perfect opportunity to renovate and add serious growth down the line. Could use some TLC in kitchen and bathrooms.

No short term lets or Airbnb allowed. Pet friendly but no dogs allowed.

The complex is very well managed and has been recently painted and upgraded.

The complex does not offer off street parking but the body corporate is in talks with the council to build off street parking by extending the boundary wall of the complex. Secure parking is in the pipelines.

Plenty of on street parking.

Viewing by appointment!!!

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
123m²
 
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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

21,619.96

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