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R2,840,000

Monthly Bond Repayment R29,798.87
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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The Icon

Situated in the city centre of Cape Town, this luxury 1 bedroom apartment comes fully equipped and furnished, with a current occupancy of 89%.

Offering an open plan kitchen, lounge and dining room as well as a small balcony with fantastic city views. The Icon is a 19 storey building, conveniently positioned close to the Waterfront, International convention centre and within walking distance to restaurants and bars within the city. Additional features in the building include a sun terrace with a pool as well as a gym, laundry, dry cleaning facilities and 24 hour security.

The ground floor retail space is home to a food market, spa, coffee shops and other retail. What's more is the Icon building offers business conferencing facilities as well as a business lounge making it an ideal investment for short term rental purposes.

Average rental income achievable is approximately R1850 per night and R30 000 per month.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
71m²

Cape Town City Centre, Cape Town

Affectionately known as the 'Mother City', Cape Town lies in the arms of Table Mountain, more often than not shrouded in cloud and one of the world's most recognisable landmarks. The heart of Cape Town, her centre is one of the only major CBDs in South Africa. The eclectic mix of Cape Town's city centre is home to historically significant areas such as Oranjezicht, Tamboerskloof, Gardens, Bo Kaap and District 6. The...
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Atlantic Seaboard and City Bowl website is accurate and up to date, Seeff Atlantic Seaboard and City Bowl 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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

29,798.87

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