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R1,300,000

Monthly Bond Repayment R14,088.19
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,488
Monthly Rates
R684

0.5 Bedroom Apartment For Sale in Observatory

Industrial style Apartment zoned for mixed use plus secure parking

Introducing this industrial-style apartment, formerly part of a printing business, now converted into individual units, each exuding charm and character reminiscent of South Africa's printing heritage. Zoned for mixed-use and featuring an exclusive secure parking bay, this property offers a seamless transition into ownership with no transfer duties applicable.

Step into the expansive open-plan living space nestled within the FIVE HOWE STREET complex, which boasts fittings that preserve the charm and character of its industrial past.

Equipped with round-the-clock manned security and a convenient lift for added accessibility, this unit offers a layout characterized by concrete screeded floors and soaring double-volume ceilings with exposed piping, maintaining the charm of the complex.

The bathroom, set to the far end of the unit, offers a shower, toilet, and hand basin. Utility management is a breeze with prepaid electricity and prepaid water, while surface-mounted electrical wiring and plumbing allow for effortless modifications.

The open-plan kitchen provides ample storage and a double-sink, elevating functionality. Large aluminium windows at the end of the unit bathe the interior in abundant natural light, offering picturesque side views of Table Mountain.

With the price inclusive of VAT and no transfer duties, this property presents an enticing opportunity for parents of students, young professionals, savvy investors, renovators, or those seeking a unique office space.

Nestled in a vibrant locale brimming with artists, businesses, and educational institutions like the AFDA Film School and Black River Business Park, this property is poised to unlock endless possibilities.

Don't miss out on the chance to make this versatile space your own—seize the opportunity today.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Views
Yes
Sizes
Floor Size
62m²

Observatory, Cape Town

Affectionately known to locals as 'Obz', Observatory is a Cape Town suburb that defies expectations. Sure, it's known for being a student hub, thanks to its proximity to the University of Cape Town (UCT). But look closer, and you'll find a colourful suburb bursting with historic charm, youthful energy, and surprising affordability - a potent mix that's attracting savvy property buyers of all stripes. Tips: Why...
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Tips for First-Time Property Sellers: Navigate the Journey with Confidence Selling your first property is a significant milestone, often marked by excitement and uncertainty. As you begin this journey, understanding the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

14,088.19

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