Apartment on auction in Ottery, Cape Town

R 1,200,000

Can I afford this?
4 months ago134 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Video
Description
Going on Auction: Wednesday 24 May 2023
Expected opening bid: R1 200 000
*Reserve Price: R1 200 000 (All offers will be considered)
Enjoy the LIFESTYLE convenience & SAFETY that StayMelvilles eco-estate has to offer!
This family-friendly estate is a relatively new development with a tight-knit community that will make you feel right at home.
All GROUND-FLOOR (Garden Apartments) for Phase 4 have already SOLD OUT! Making these types of units highly sought after.
This 2 Bedroom / 2 Bathroom GROUND-FLOOR apartment is stylishly finished with a Modern design and comes with a designated parking bay.
All the rooms and the kitchen are fitted with Built-in cupboards.
COMMUNAL FEATURES:
* 24-Hr Security with biometric access
* A crche and aftercare facility
* Community Centre with laundry, gym, juice bar & more!
* Snooker/Pool Room & lounge area
* FREE, uncapped WiFi save on internet fees
* A communal lounge with shared workspace & a kitchenette
* Event space of 75sq m (for meetings, parties, dance classes, etc.)
* Indoor & outdoor Gyms plus Running track / Walkway
* x2 mini Soccer fields
* x3 Basketball courts
* A Skateboard park
* Outdoor cross-training gym & kiddies tricycle track
* Childrens Playpark
* Ample braai areas with seating. Perfect for entertaining!
* Residents also enjoy free consumption of an array of fruits, veggies, & herbs (literally FRESH for the picking) that the eco-estate offers.
***Auction Terms:***
- No bidding registration fees are required.
- A non-refundable 7.5% commission plus VAT payable over and above the purchase price to Virtual Auctions on the fall of the hammer.
- Pre-auction Offers are Welcome, & Financing Options are available
- All Offers will be considered
Unless the *reserve price has been achieved, all offers will remain subject to the Sellers confirmation.


For more Information about this property please call or email Kurt Johnson 078 832 0499 or email kurt@virtualrealty.co.za



Access Kurt’s digital business card and calendar here https://funnels.virtualrealty.co.za/kurt-johnson



Rates And Taxes: 550
Levies: 1305
Property Reference #: 112604793

Agent Details:
Virtual Realty
Virtual Realty
45 North Oaks Estate, North Oaks Avenue, Hout Bay, 7806
North Oaks Avenue
Hout Bay
7806
Id Subtitle 1251969803
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
Interest rate at 11.75% 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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Virtual Realty
Selling for 1 year
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