Fantastic Investment Opportunity with Lucrative Returns

R 1,600,000

Can I afford this?
3 years ago1847 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):49
Parking:Covered
Description
The apartment is located at St. Georges Mall which is one of the central streets of Cape Town.
The property is close to the My Citi bus stop and the Pick n' Pay grocery store is around the corner.

Located in the heart of Cape Town, St. Georges Mall is a pedestrian walkway lined with fashionable shops, cafes and restaurants and populated with street vendor, selling African craft, clothing & food. It is close to never sleeping Long Street with its restaurants and nightlife. The African market at Greenmarket Square and the Hop-On Hop-Off Red Bus can be reached within 3 minutes by foot.

Cape Town International Convention Centre is a 5 minute walk. All the main tourist attractions, such as The Castle of Good Hope, St George's Cathedral, the Company Gardens & Parliament Buildings, Bo Kaap, District 6 museum are approximately a 10 minutes walk away. V & A Waterfront - a popular tourist centre with lots of restaurants and shops, located in the harbour, is 2.5 km away.
A convenient parking and communal laundry is on site.

Property Reference #: RL174

Agent Details:
Robert Beck
BuyBNB
37 Harrington Street
Cape Town

Id Subtitle 940199906
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Estimated monthly repaymentR 17,340
Total property loan amountR 1,600,000
Total interestR 2,561,436
Total repaymentR 4,161,436
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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BuyBNB
Selling for 4+ years
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