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Great Investment Opportunity at 16 on Bree
R 1,600,000
Can I afford this?11 Photo(s)
2 years ago1647 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):28
Parking:Garage
Description
Air Bnb friendly studio apartment now available for sale. The unit measures 28sqm and includes a 3sqm balcony with views of signal hill and the waterfront area. The unit enjoys 1 secure parking bay.
Occupation will be around end of March early April with the building on track to be completed sometime in March. There will be no transfer duty with these units but VAT will be added to the purchase price.
Ideal City home or suitable for an Air Bnb style of investment: Newly built studio apartment offering spectacular views. Situated in the tallest residential building in Cape Town. 1 Secure undercover parking bay. Located in vibrant Bree Street, walking distance to the Waterfront and De Waterkant, and many of the Cities most popular restaurants. A stone throw away from Cape Town's banking and business district. Exclusive rooftop bar, electric vehicle charging facilities, high speed fibre optic connectivity and SMEG appliances. Contact for additional information.
Has Pool
Property Reference #: RL12
Agent Details:
Luc Lenferna de la Motte
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Occupation will be around end of March early April with the building on track to be completed sometime in March. There will be no transfer duty with these units but VAT will be added to the purchase price.
Ideal City home or suitable for an Air Bnb style of investment: Newly built studio apartment offering spectacular views. Situated in the tallest residential building in Cape Town. 1 Secure undercover parking bay. Located in vibrant Bree Street, walking distance to the Waterfront and De Waterkant, and many of the Cities most popular restaurants. A stone throw away from Cape Town's banking and business district. Exclusive rooftop bar, electric vehicle charging facilities, high speed fibre optic connectivity and SMEG appliances. Contact for additional information.
Has Pool
Property Reference #: RL12
Agent Details:
Luc Lenferna de la Motte
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1049642777
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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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Annenberg Property Group
Selling for 7+ years
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