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R2,990,000

Monthly Bond Repayment R32,402.84
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,600
Monthly Rates
R1,400

Industrial Loft Living

The ultimate industrial chic apartment in the heart of the city. Located on Buitenkant St, the East City Precinct has been hugely regenerated over recent years, to become a cultural hub full of galleries, coffee shops and some of Cape Town's finest restaurants such as Belly of the Beast. 50 Harrington, behind Wolroy House, is a collaborative workspace opposite the hugely popular Nude Foods and local institution, Charly's Bakery, is a few doors away.

This apartment is an expansive 83sqm north west facing studio that is flooded with light through the two huge windows. It offers you the flexibility to section off the bedroom should you wish to and has plenty of room to offer a work from home space. Originally a cotton warehouse, the best of the historical features such as wooden floors, steel beams and double height ceilings have been carefully preserved. A new kitchen and bathroom were put in in 2018, both in stylish shades of green and charcoal. These compliment the steel beams, wooden floors and the facing brickwork wall.

Wolroy House has excellent security with access control from the street and a manned security desk. Pet friendly by approval. This unit has been exceptionally successful as both a long term rental and on Airbnb and has basement parking in the building, a huge plus for an inner city apartment. The apartments in the building are in demand for film and photo shoots and can command R 10 000 - R 20 000 per day making this an excellent investment opportunity.

EXCLUSIVE SOLE MANDATE

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
83m²

Cape Town City Centre, Cape Town

CAPE TOWN CITY BOWL, CAPE TOWN The City Bowl of Cape Town is one of the oldest and most sought after residential areas in South Africa. The  City Bowl, which includes Oranjezicht, Tamboerskloof, Gardens, Bo-Kaap, Vredehoek, Highlands Estate and Devil’s Peak is set against the majestic slopes of Table Mountain, a World Wonder overlooking the City  and Table Bay where Jan van Riebeeck first set foot in 1652. ...
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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:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

32,402.84

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