SPACIOUS STUDIO WITH COVERED PARKING BAY, LOCK UP STORE ROOM & POSSIBLE LOFT EXTENSION!

R 1,895,000

Can I afford this?
5 months ago146 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):Studio or Bachelor Pad
Bathrooms (#):1
Size (sqm):42
Description
Currently, the accommodation offered consist of the following:
Studio apartment on top floor (2nd floor) in secure complex.
Open plan kitchen to living area. Kitchen with built in oven and hob. Living area with parquet flooring, built in cupboards and leading onto small, open balcony. Bathroom with shower over bath.
The Body Corporate has passed a resolution that allows owners of the top floor apartments to purchase the common roof space above their units and extend a loft room into the area.
The proposed purchase cost thereof is R5000/sqm and a minimum space pf 10sqm can be purchased.
Should the final approved plans, exceed 10sqm, the balance of the purchase price will be R5000/sqm increasing at CPI annually.
Should the final approved plans be less than 10sqm, the Body Corporate will not be liable for any refund of the difference.
More detailed information, as well as conceptual layout drawings are available.
Pre-paid electricity meter installed in apartment.
Cybersmart is the allocated fibre installer for the complex
Covered parking bay behind security fence and remote controlled gate.
Separate, lock up store room,
Short term lets allowed by Body Corporate
Currently tenanted at R8500/m until 31 January 2024
The Special levy is payable between December 2023 and February 2024 only.

Rates And Taxes: 1200
Levies: 1300
Property Reference #: 2169

Agent Details:
Cecilia Hansen PPRA REGISTERED
Rose Eedes
23 Station Road, Observatory, 7925, Cape Town
Cape Town

Id Subtitle 1247155904
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Total property loan amountR 1,895,000
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