Own an Entire Floor

R 7,900,000

Can I afford this?
1 month ago29 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):5
Bathrooms (#):2
Size (sqm):328
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Description
RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.

The property price includes VAT

Note to Estate agents and cold callers: This is the 8th floor of 71 Loop. Kindly contact me for access, not my seller.

Located in the heart of Cape Town's vibrant city centre, this entire 8th floor offers a versatile space spanning 328m2. Embracing the essence of the city's bustling coffee culture, the floor boasts dual-purpose potential.

For those seeking luxurious urban living, envision an exquisite open-plan apartment adorned with west-facing sliding doors, allowing natural light to flood the space. With expansive north and south-facing windows, residents can relish panoramic views of the cityscape. The layout is ideal for designing to your heart's delight, and the building permits short-term rentals.

Alternatively, entrepreneurs can capitalise on the floor's commercial potential, featuring eight spacious offices and two well-appointed boardrooms. The layout is conducive to productivity and collaboration, offering ample space for business endeavours.

The floor is thoughtfully equipped with two modern bathrooms complete with showers, ensuring convenience for occupants. Additionally, a guest powder room adds to the comfort and functionality of the space.

Accessibility is seamless, with two elevators servicing the floor, providing ease of movement for residents and clients alike. Whether crafting a dream home or establishing a thriving business hub, this prime location offers endless possibilities in the heart of Cape Town's dynamic urban landscape.

Please note that the LEVY amount excludes electricity usage. The current tenancy pays approximately R8200 per month.

Parking space can be applied for on a monthly rental basis in "Parking On Long", and the sale of this unit is not subject to parking being available. Please see cost and condition of parking, which is subject to change:

"Parking price per month is R1750 vat inclusive, and we require same amount deposit + R200 admin fees & R250 for access tag, you will then pay R1750 per month, we will need you to complete and sign a parking agreement with us. The parking bay is on 2nd level of Parking on Long"..

Rates And Taxes: 5306
Levies: 11262
Has Garden
Property Reference #: 2228959

Agent Details:
Ari Voyiatzis TEAM ATLANTIC
RE/MAX LIVING
Head Office:
76-82 Kloof Street, Gardens, 8001
Sea Point
7599

RE/MAX Living operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Id Subtitle 1274562293
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Estimated monthly repaymentR 85,613
Total property loan amountR 7,900,000
Total interestR 12,647,086
Total repaymentR 20,547,086
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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RE/MAX LIVING
Selling for 7+ years
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