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R2,620,000

1402 Foreshore Place, 2 Riebeek Street

Monthly Bond Repayment R27,490.51
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,400
Monthly Rates
R1,300

EXECUTIVE URBAN LIVING AT IT'S FINEST

Foreshore Place stands at the heart of vibrant lifestyle living and urban energy!

Indulge in the allure of newly renovated luxury apartments at Foreshore Place, offering a contemporary inner-city living experience tailored for the discerning business traveler seeking a Cape Town base or investment opportunity.

The perfect fusion of location and lifestyle, this property is an exceptional investment for those seeking to diversify their real estate portfolio, catering to short, medium, or long-term stays.

Featuring sleek minimalistic architecture and design, this presidential one-bedroom apartment epitomizes executive living:

Experience culinary excellence in the state-of-the-art kitchen with a wine rack, seamlessly flowing into the open-plan living area with breathtaking mountain views and an urban ambiance.

Revel in the sunlit main bedroom, thoughtfully designed to capture fabulous views.

Immerse yourself in high-quality finishes throughout the apartment, complemented by wireless internet and centralized air conditioning.

Enjoy the peace of mind with backup power installation, eliminating concerns about load shedding.

Optional secure basement parking is available.

Step into a lifestyle that extends beyond the confines of your luxury apartment, with amenities such as a concierge, coffee shops, restaurants, an entertainment terrace, inner-city fitness facilities, banking services, business lounge/boardrooms, high-speed fiber, satellite television ports, temperature-controlled air conditioning, housekeeping and laundry services, MyCiti bus stop, UBER pick-up/drop-off zone, optional storerooms, secure covered parking, and bicycle racks.

Centrally located within walking distance of The V&A Waterfront, CTICC, and Artscape Theatre, with convenient access to transportation via MyCiti Bus.

Experience high-security living with private access via a controlled elevator to the lobby and storerooms, integrated intercoms from the foyer security desk to every unit, and 24-hour CCTV surveillance throughout reception and lobby areas.

Priced at R2 620 000 VAT inclusive, with no transfer duty. Optional parking bays are available at R250 000.

Apartments range from R1 750 000 to R2 950 00 VAT inclusive, with a projected rental return of approximately R22 000 to R28 500 for furnished units and R14 000 to R22 000 for unfurnished units.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
43m²

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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

27,490.51

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