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R2290,000 Residential/ Commercial House - Glenwood
R 2,290,000
Can I afford this?
12 Photo(s)
6 months ago635 views
General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):3
Size (sqm):730
Parking:Secure Parking
Description
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Purchase price
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No. of years
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Estimated monthly repaymentR 23,249
Total property loan amountR 2,290,000
Total interestR 3,289,699
Total repaymentR 5,579,699
Interest rate at 10.75% 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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The perfect haven in a peaceful suburb. A stone’s throw away from schools, universities, colleges and hospitals. Near to shopping centres and a short distance from the beach. This 8th floor, 130m2 unit would suit a couple, a family who is tired of the responsibilities and maintenance of a free-standing property, or their investment in university student accommodation. East facing penthouse unit, overlooking the City Centre, Bluff and harbour, a view of the North Coast and South Coast as far as the eye can see, comprising of an entrance, protected by a security gate, 2 bedrooms with bic and parquet flooring, 1 Bathroom with shower over the bath and piped space for a front loader, separate toilet, large lounge/dining area, huge balcony and fitted kitchen. Living area floor is fully tiled. Pre-paid electricity. Working air conditioner, Wi-fi connection point and DSTV dish (fully wired). Living space – 79 sq m, balcony 51 sq m.All situated in a well-maintained property with 24-hour manned security and full CCTV coverage.There is huge potential to expand the occupiable area using space on the enormous, 51sqm tiled balcony, without municipal approval, just requiring Body Corporate approval, keeping in line with the building aesthetics. Municipal: R 1 385.03 (Rates and Waste removal)Levy: R 3 736.78Reserve: R 869.62Parking: R 175.00 (per space – must be arranged with Body Corporate) Estimated costs to renovate:Bathroom R20 000Kitchen R20 000 (a new kitchen and a second bathroom (optional))Dry walling R 9 000 (Dry walling to make third bedroom space)Contact Nokuphila Bhengu for viewing appointment
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