Applegarth - Mountain View Estate!

R 5,750,000

Can I afford this?
11 months ago252 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):3
Bathrooms (#):2
Size (sqm):366
Parking:Garage
Description
The estimated completion of this townhouse is set for December 2023. The total area is 225m2 and selling at R5,750,000.00 VAT Included, this represents good value. This is particularly the case with no Transfer Duty payable and transfer in 9 months, thus allowing capital appreciation with only a deposit in place.

The architecturally designed townhouse in Applegarth Private Estate offers a luxurious and sophisticated living experience. With a north-facing orientation, the townhouse provides remarkable mountain views and is surrounded by beautiful mature trees and indigenous fynbos.

This townhouse features three bedrooms and two bathrooms, providing ample space for comfortable living. The open-plan lounge, dining, and kitchen area seamlessly flow into a covered entertainment area with a built-in barbecue. The garden leads onto private open space, and there is direct access to a double garage.

Applegarth Private Estate is known for its secure and sunny environment, set within beautifully landscaped grounds that include established trees and indigenous gardens. The contemporary homes in the estate are designed to ensure comfort and peace of mind while maximizing the stunning views across the valley. Despite the serene atmosphere, the estate is conveniently located close to Constantia Nek, the Southern Suburbs, and Hout Bay, offering easy access to restaurants, schools, and 30 minutes from the airport.

The estate entrance is monitored and manned 24/7, providing residents with a high level of security. The use of high-specification electrified security fencing and state-of-the-art thermal imaging cameras ensures constant perimeter monitoring. Access control measures, including biometric fingerprint access for residents and driver's license/ID scanning for contractors and visitors, further enhance the security of the development. CCTV installations are in place to monitor and record access to the estate.

Plans and detailed specifications attached


North facing sunny townhouse
Larger unit closer to the boundary fence (East side of erf)
high level security
lush estate garden
2 boreholes for gardens

# Parking: 2
Levies: 2740
Property Reference #: 1051

Agent Details:
Arlene Weinstein
Cape Waterfront Estates
43 Victoria Ave, Hout Bay, South Africa, 7806
Cape Town

Id Subtitle 1212819856
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Estimated monthly repaymentR 62,314
Total property loan amountR 5,750,000
Total interestR 9,205,158
Total repaymentR 14,955,158
Interest rate at 11.75% for 20 years *
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Cape Waterfront Estates
Selling for 7+ years
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