A Rock Solid Investment

R 2,800,000

Can I afford this?
2 years ago1032 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):65
Parking:Covered
Description
Fully furnished, Newly Developed, Modern Block, just outside the city centre - the perfect location. This upmarket luxurious two bedroom apartment has two king beds, two bathrooms, modern finishes throughout and is fully equipped. Enjoy the magnificent views of the city with your morning coffee or an evening sundowner whilst admiring the views The apartment has a SMART TV, WiFi, washing machine, SMEG Appliances and 24-Hour manned security.

Airbnb friendly with great expected returns earning a potential of +-R300 000,00 per annum. Potential investors are assured of excellent returns on a development that is close to most major tourist attractions. Globally, history has shown that rejuvenated city centres offer significant capital growth, and Castle Rock is one such opportunity not to be missed.

Cape Town International airport is just 20 minutes away, and the Atlantic seaboard, harbour, Waterfront and city congestion are a thing of the past. And should you need to shake off the stress of the working day, you can simply don some running shoes and jog straight from your apartment to Table Mountain's walking and running trails just 2kms away.

Has Pool
Property Reference #: RL178

Agent Details:
Robert Beck
BuyBNB
37 Harrington Street
Cape Town

Id Subtitle 937924556
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Estimated monthly repaymentR 30,344
Total property loan amountR 2,800,000
Total interestR 4,482,512
Total repaymentR 7,282,512
Interest rate at 11.75% for 20 years *
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