BUY BRAND NEW OFF-PLAN

R 1,140,000

Can I afford this?
7 months ago102 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):45
Parking:Covered
Description
Great investment opportunity. 1st floor one bedroom apartments from R1 140 000. Rhapsody sits on the edge of Burgundy Estate, bordering on vineyards and the Durbanville wine route. Rhapsody is a secure complex, bordered by Carmine Road and Cinnabar Street, which consists of nine low-rise apartment blocks and fourteen freestanding houses, separated by landscaped gardens and green spaces. No transfer duty and no conveyancing fees (T&Cs apply). Occupation from November 2023.

Possible rental income on current market trends are as follows
1 Bedroom 1st floor apartment R9000
1 Bedroom Garden apartment R9500
2 Bedroom 1 Bathroom 1st-floor apartment R12500-R13000
2 Bedroom 1 Bathroom Garden apartment R 13500
2 Bedroom 2 Bathroom 1st-floor apartment R13000-R13500
2 Bedroom 2Bathroom Garden apartment R14000

Live your best life by making the most of our sunny South African lifestyle next to the communal pool, enjoying a quiet moment in the pocket park, or connecting with friends next to the braai fire. Escape from the noise in this quiet suburbia, where you have access to kilometers of running, walking, or cycling paths. Convenience shopping, restaurants, and schools are within walking distance.
Less than 20 kilometers from the centre of the Mother City, Burgundy Estate is central, spacious, and secure. It's where families grow together.

The surrounding area includes:
- Convenience shopping centre
- Three schools from pre-school to high school
- Restaurants and coffee shops
- Sports club including tennis court and sports fields
- Kilometres of walking, running or cycling paths
- Green pocket parks and play areas

Rhapsody is a gated complex that offers:
- Contactless, Smart access for residents and secure visitor access system
- Perimeter CCTV cameras and electric fencing
- Ample green open spaces and play areas
- Solar panels to power elements in the geysers
- High-speed fibre
- 24hr Laundry room
- Shared Office Space
- Pool and braai facilities

Has Pool
Property Reference #: RL1875227

Agent Details:
Aldo Strumpher
Property World
4 Conference Lane, Century City, Cape Town, 7441

Id Subtitle 1237952671
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Estimated monthly repaymentR 12,355
Total property loan amountR 1,140,000
Total interestR 1,825,023
Total repaymentR 2,965,023
Interest rate at 11.75% for 20 years *
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