Fully Furnished Investment Opportunity

R 1,700,000

Can I afford this?
2 months ago164 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):38
Parking:None
Description
Exclusive Listing | Asking Price: R1 700 000

Welcome to 'The Archive' in Observatory, where luxury meets opportunity in this fully furnished 1-bedroom loft apartment. This meticulously designed space has not only served as a comfortable retreat but has also proven to be a lucrative investment opportunity as a fully functional Airbnb, consistently generating approximately R28k per month in revenue.

As you step into this stylish loft apartment, you'll immediately notice the seamless integration of modern design elements with functional living spaces. The open-concept layout enhances the sense of space and allows for effortless flow between the living, dining, and kitchen areas. Perfect for entertaining guests or simply relaxing in style.

The apartment comes fully furnished, sparing no expense to ensure comfort and convenience for both guests and residents alike. From plush furnishings to high-end appliances, every detail has been carefully curated to provide a luxurious living experience.

One of the standout features of this apartment is the air conditioning system that effectively cools and heats up the entire space. No matter the season, you can rest assured that you and your guests will be comfortable year-round, making it an attractive option for both short-term and long-term stays.

Located in the vibrant neighborhood of Observatory, this apartment offers easy access to a variety of dining, shopping, and entertainment options. Whether you're exploring the bustling streets or unwinding in one of the nearby parks, you'll find everything you need just steps away from your doorstep.

Whether you're an investor looking to capitalise on the thriving Airbnb market or a discerning individual seeking a stylish urban retreat, this apartment at 'The Archive' offers the perfect blend of luxury, convenience, and potential. Don't miss out on this rare opportunity to own a piece of Observatory's most sought-after real estate.

Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Viewings by appointment. - Tuesday's work best.

Size: +/- 38sqm

Levies: +/- R1 260

Rates: +/- R400

Asking Price: R1 700 000

Property Reference #: 6358800

Agent Details:
Quay 1 Property Specialist 46
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1264813259
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Quay1 International Realty
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