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R1,695,000

Monthly Bond Repayment R18,075.98
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,200
Monthly Rates
R700

Ideally Located One Bedroom Loft Apartment

This spacious 1-bedroom loft apartment in Devon Place, Observatory, offers the perfect living space for students, young professionals, or anyone looking to experience the best of Cape Town. Situated in the vibrant and sought-after neighbourhood of Observatory, the apartment is ideally located next to the UCT Medical School, making it an excellent choice for those seeking convenience and lifestyle.
The apartment features a bright bedroom with built-in cupboards, providing ample storage, and a modern bathroom with a shower and basin. The open-plan living area leads to a cozy balcony with views of the surrounding area, while the kitchen boasts marble-finished countertops, built-in cupboards, and plumbing for either a washing machine or dishwasher. Residents enjoy the convenience of one secure parking bay and access to visitor parking inside the complex. The complex also offers a well maintained communal garden and swimming pool, and 24-hour biometric access for both pedestrian and vehicle entry, ensuring a safe and secure environment year-round.
Well-managed by a competent body corporate, Devon Place is clean and well-maintained, creating a welcoming atmosphere for its residents. The apartment is ideally positioned within walking distance of St Peter’s Square for shopping and dining options, and just a block away from the UCT Jammie Shuttle stop.
This property is a prime investment opportunity, whether you're looking to accommodate a student or expand your portfolio. Don't miss the chance to own this gem in the heart of Observatory!

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
46m²

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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

18,075.98

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