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R15,990,000

Monthly Bond Repayment R170,522.10
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,320

Money Spinner

Magnificent sea views from this Bertie Shreuder designed home in the most desirable location in Upper Green Point. The home is a perfect dual living opportunity.
The apartment is a 2 bed, both en suite, with open plan lounge, dining & kitchen leading onto a deck with own pool and lovely views. This alone has generated a 7 figure income per annum for the seller. Financials on request.
The main house on the upper level, consists of 3 beds, 2 bath, spacious lounge, dining and open plan gourmet kitchen, leading onto a 20 m2 balcony with drop dead gorgeous views.
Both units have all the mod cons such as Lux power hybrid inverters with lithium Ion batteries, and its own management app. The main house is wired with network points and is Alexa ready. In addition, there is solar water heating system, CCTV, electric fencing and irrigation systems.
Finally, the cherry on top is the 220 m2 roof terrace with Tiki bar, Jacuzzi and plenty of room for kids to play. Double garage and storeroom completes the picture.
Personally, I would be happy in the apartment, and rent out the main house. I would make even more money per annum. It makes financial sense!

Features

5
4
2
Pets Allowed
Yes
Interior
Bedrooms
5
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
314m²

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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

170,522.10

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