12 APARTMENTS | OBSERVATORY | STUDENT ACCOMODATION

R 10,900,000

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1 year ago213 views
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General Details
Description
Ideally situated on Main Road, Observatory (corner of Polo Road)

This tenanted apartment block consisting of 12 apartments - sold as sectionalised units is perfect for student accommodation.

Observatory is a hub for students and young professionals given its close proximity to UCT, Woodstock, and a few minutes away from the City Bowl, and the Southern Suburbs. This property is centrally located with easy access onto all major highways, it is close to the Biscuit Mill, Groote Schuur Hospital, on the MyCity Bus route & close to the train station as well as Liesbeeck Parkway to the N2.

Property Reference #: CL2933

Agent Details:
Daniel Bernberg
Port Commercial Properties Pty Ltd
Suite G01 Radar Dad Building
17 Queens Park Avenue
Salt River
7925
Cape Town

Id Subtitle 1181636982
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Estimated monthly repaymentR 118,125
Total property loan amountR 10,900,000
Total interestR 17,449,777
Total repaymentR 28,349,777
Interest rate at 11.75% for 20 years *
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Port Commercial Properties Pty Ltd
Selling for 5+ years
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