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R1,795,000

1 Middelhof, 1B Glengariff Road

Monthly Bond Repayment R19,452.54
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,100

Large Studio Apartment Exceptionally Located

Exclusive to Sotheby's International Realty.

Welcome to an exciting opportunity in the heart of the prestigious Atlantic Seaboard – a studio apartment awaiting your personal touch and creative vision. This property presents itself as a renovator's dream, offering endless possibilities to transform it into your ideal living space or investment gem.

Step onto the balcony and envision the potential of this outdoor sanctuary and enjoy the coastal breeze that characterize the Atlantic Seaboard.

With its Airbnb-friendly status, this property opens up opportunities for short-term rentals, providing potential for additional income streams.

Convenience meets security with an undercover parking bay, ensuring your vehicle is safely accommodated. Additionally, a storeroom offers practical storage solutions for your belongings.

Don't miss this chance to own a piece of the Atlantic Seaboard and unleash your creativity in one of Cape Town's most sought-after locations. Whether you're seeking a permanent residence, a holiday retreat, or an investment opportunity, this studio apartment promises endless possibilities for those with vision and ambition.

Features

0
1
Interior
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
42m²

Sea Point, Cape Town

Located on a narrow strip of land between the Atlantic Ocean and Signal Hill, Sea Point is a vibrant and diverse suburb in the western part of Cape Town. It offers a unique blend of natural beauty, entertainment, and residential opportunities that cater to a wide range of tastes and preferences.  Sea Point is home to a diverse range of restaurants, cafes, and bars that offer a variety of cuisines and...
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Mojo Market: A vibrant marketplace in the heart of Sea Point
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

19,452.54

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