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Spacious Studio Overlooking Table Mountain

R 2,140,000

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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):46
Description
Zeeland Pier II lies within the vibrant pulse of Foreshore, Cape Town. With a prime location surrounded by multi-national businesses and major city attractions, investors will enjoy year-round short-term rentals. Strategically positioned for capital growth, Zeeland Pier II boasts 82 modern city apartments.

This open-plan studio provides ample space, and walk out onto a balcony overlooking Table Mountain.

• Floor size: 46 square meters
• One bedroom, one bathroom
• Open-plan kitchen and lounge
• Balcony overlooking Table Mountain
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As a turn-key serviced apartment and hotel management solution, Totalstay™ is the preferred operator to manage short-term rentals at Zeeland Pier II, which includes:

• 24/7 Front desk and Aparthotel management
• Comprehensive security protocols
• Reliable cleaning and maintenance services
• Stylish furniture pack available
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Exclusive amenities include:

• Sundeck and indoor/outdoor swimming pool
• Well-equipped gym
• Co-working space
• 24-Hour concierge and security
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Levies: R1 613 pm
Rates: R373 pm
Est. Bond Cost: R20 872 pm
Management Fee: R2 841 pm
Total Monthly Cost: R25 699 pm
Est. Rental: R13 567 pm
Net Return: 4.9 %
Monthly shortfall: R12 132 pm
Capital Growth: 13 %
Total Annual ROI: 17.90%

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Get in touch to discover Zeeland Pier II.

Although every endeavour has been made to quote the correct information, Cape Winelands Properties cannot be held responsible for any errors or omissions made or implied.

Has Pool
Property Reference #: 2286202

Agent Details:
Cape Winelands Properties
Cape Winelands Properties
Val de Vie Estate - The Yard R301, Wemmershoek Road Paarl, WC 7646

Id Subtitle 1290658227
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Estimated monthly repaymentR 23,192
Total property loan amountR 2,140,000
Total interestR 3,425,920
Total repaymentR 5,565,920
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