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R5,295,000

Monthly Bond Repayment R51,978.02
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R3,400
Monthly Rates
R2,000

MODERN NEW DEVELOPMENT JUST OFF THE BEACHFRONT

Modern and elegant apartment situated in the heart of Sea Point's most vibrant and trendy neighborhood. This luxurious apartment, bordering on Bantry Bay has everything one could ask for. From a beautiful internal layout, a dream 65sqm private terrace, secure parking bay, 24 hour security at reception and direct access to communal pool deck. Airbnb friendly, short let potential and pet friendly. The Fairmont, built in 2015, is also conveniently situated across the road from Piazza Da Luz, Woolworths, Spar, Tops and Wellness warehouse.

The apartment boasts an open-plan kitchen with built-in appliances and breakfast bar. Both bedrooms have plentiful cupboard space and main bedroom has an en-suite bathroom, heated floor and heated towel rack. 2nd Bathroom has a full walk-in shower. The living room has both a heating and cooling air-conditioner. Fiber internet connection and prepaid electrical meter already installed and the hot water is supplied via solar tanks on the roof of the building.

Apartment has been very successfully run as an Airbnb (now Plus) listing since the end of 2015.

Floor size: 143sqm = 78sqm internal and 65sqm external

Features

2
2
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
2
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
143m²

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Disclaimer: While every effort will be made to ensure that the information contained within the Dogon Group Properties website is accurate and up to date, Dogon Group Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

51,978.02

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