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Modern Apartment with Balcony & Views — Tenanted with Strong Rental Income

R 2,395,000

Can I afford this?
10 months ago1094 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):77
Parking:Garage
Description
Discover Fontijn on Newhaven, one of the most sought-after apartment developments in Cape Town’s Northern Suburbs. This beautifully finished 2-bedroom, 1-bathroom apartment is currently tenanted with a rental agreement of R16 500 per month on a month-to-month basis — offering immediate income and exceptional investment appeal.

The apartment boasts contemporary finishes, a bright open-plan layout, and a balcony with elevated views, perfect for enjoying your morning coffee or unwinding after a long day. Two secure basement parking bays add further convenience and peace of mind.

Features at a Glance
• Two well-sized bedrooms with built-in cupboards
• One modern bathroom
• Open-plan living area with quality finishes
• Balcony with beautiful elevated views
• Strong rental income: R16 500 per month (month-to-month)
• Two secure basement parking bays included
• Prime location close to shops, restaurants and major transport routes
• Excellent security: 24/7 CCTV, controlled access and on-site security
• Wheelchair-friendly lifts and ramps throughout the building
• Greenbelt bordering the complex for enhanced privacy and tranquillity
• Sustainable features including rainwater harvesting and a centralised heat pump
• Fibre-ready for fast, reliable internet connectivity

Ideal For
• Investors looking for a modern, secure property with strong rental returns

or
• Buyers seeking a low-maintenance, lock-up-and-go home in a well-managed, high-demand complex

Property Reference #: RL12332

Agent Details:
Anneke Snyman
Louw and Coetzee Properties (PTY) Ltd
35 Main Road, Durbanville

Id Subtitle 1311487027
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Estimated monthly repaymentR 24,315
Total property loan amountR 2,395,000
Total interestR 3,440,537
Total repaymentR 5,835,537
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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Louw and Coetzee Properties (PTY) Ltd
Selling for 1 year
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