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TWO-BEDROOM APARTMENT.
R 950,000
Can I afford this?
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13 days ago35 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):1439
Parking:Garage
Description
Going on Auction: Wednesday 22 May 2024
Reserve Price: R950 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
NEWLY RENOVATED FIRST FLOOR BEACHFRONT TWO-BEDROOM APARTMENT.
Two-bedroom apartment. One bathroom. Open plan lounge and dining room. Spacious kitchen. Single garage. Parking for one vehicle. Rental income R9500 to R10 500 per month. Tenanted.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Property Reference #: 1247993
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Reserve Price: R950 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
NEWLY RENOVATED FIRST FLOOR BEACHFRONT TWO-BEDROOM APARTMENT.
Two-bedroom apartment. One bathroom. Open plan lounge and dining room. Spacious kitchen. Single garage. Parking for one vehicle. Rental income R9500 to R10 500 per month. Tenanted.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Property Reference #: 1247993
Agent Details:
Tanya Jovanovski
Rawson Properties Rawson Auctions Western Cape
222, Main Road, Cape Town, Rondebosch, Western Cape
Id Subtitle 1274040038
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Estimated monthly repaymentR 10,296
Total property loan amountR 950,000
Total interestR 1,520,853
Total repaymentR 2,470,853
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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Rawson Properties Rawson Auctions Western Cape
Selling for 3+ years
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