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R1,595,000

13 Geriva Mansions, 27 St James Street

Monthly Bond Repayment R17,009.55
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,128
Monthly Rates
R581
Sectional Title Levy
R11

A little gem in the heart of Vredehoek

A lovely location and investment opportunity in the heart of Vredehoek

The quiet suburb of Vredehoek lies just outside the city centre of Cape Town near the slopes of Table Mountain in the upper city bowl. Vredehoek, directly translated as peaceful corner, has some of the most beautiful, panoramic views over the city centre, Table Mountain, Signal Hill, Lion's Head and the Cape Town harbour and Table Bay. This suburb was proclaimed after the first world war, where immigrants from many European countries settled after peace was declared, hence the name of "peace corner". Essentially a residential suburb, Vredehoek is also close to the Table Mountain Nature Reserve for challenging walks, mountain biking and climbing through unique fynbos. You are within walking distance of Gardens Shopping centre and local attractions such as Long Street, Company Gardens, the Convention Centre and the V&A Waterfront - only a few minutes drive away. Vredehoek is also close to the beaches and suburbs of False Bay and the Constantia Wine route is only about 20 minutes drive away. Vredehoek is perfectly placed for quick access to the CBD, the Table Mountain cableway and the Atlantic beaches of Camps Bay and Clifton - just a few minutes away.

This studio apartment is situated in the heart of Vredehoek in a secure fully walled complex, Geriva Mansions, offering the following:

Louvre doors separate the bedroom from the open plan living area, controlling the amount of light you require and creating a private space for the bedroom.

Open plan kitchen with built-in cupboards, and a Defy Slimline 4 plate hob & a undercounter stove.

Bathroom with frameless shower, basin & toilet.

Waterpoint for a washing machine

On street parking.

Pet friendly (by approval from the Body Corporate)

Current lease: R13,500 p.m.

Extras:

* Blinds on all windows
* Inverter
* Fibre
* Pre-paid electricity


If you are a homeowner or looking to buy property, the recent interest rate cut by the South African Reserve Bank (SARB) and a further potential cut in November, then this could be the opportunity you have been waiting for to enter the property market.

Investors can be assured of an excellent investment, a steady increase of the property value, a well-managed complex, and a secure return on investment.

Call me today for further details or to arrange for a private viewing.

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
41m²
Extras
Bachelor Studio • Blinds • Built in Wardrobes • Burglar Bars • Complex • Fibre • On Street Parking • Open Plan Kitchen • Oven & Hob • Shower, Toilet and Basin • Totally Walled • Washing Machine Connection • Open Plan

In the news

Bond holders feeling strain - how to redeem yourself from temporary difficulty
Bond holders in all categories are feeling strain due to the blows the Covid-19 crisis has dealt the South African economy. It is highly probable that an increase in bond repayment defaults will be evident soon - indeed, we are...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

17,009.55

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