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R1,215,000

62 SS PANORAMA FLATS AND CENTRAL COURT, 38 Terhoeven Street

Monthly Bond Repayment R12,957.12
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1,875
Monthly Rates
R103

Exceptional Investment Opportunity

We are pleased to present an outstanding investment opportunity with this modern bachelor apartment, currently generating stable rental income through secured tenants until September 2025. This stylish and fully furnished apartment is an ideal addition to your portfolio, offering long-term income potential and excellent value.

The property boasts a range of high-end features, including a private cinema room, and comes fully equipped with all necessary furnishings and fittings. The apartment is located within a well-managed, secure complex, ensuring a safe and comfortable living environment for tenants. Its prime location near the beach, as well as popular restaurants and shopping centers, makes it highly desirable for both residents and future potential guests.

One of the key highlights of this investment is the breathtaking sea views, offering unparalleled vistas and sunsets that add immense value to the property. This is a rare opportunity to own a piece of real estate that not only provides strong, consistent rental income but also offers the prospect of continued growth in an area with high demand.

The property was previously operated as a successful Airbnb, and there is significant potential for the future owner to continue this business model after the lease term ends. Whether you are looking for a property with reliable cash flow or a versatile space with potential for future short-term rentals, this apartment presents a unique and lucrative opportunity. Water included in Levies

Features

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1
1
Interior
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
49m²
Extras
Bachelor Studio • Bath • Basin • Built in Wardrobes • Complex • Dishwasher Connection • Double Bed • Fridge • Lifts • Near Mini Bus Service • Open Plan Kitchen • Oven & Hob • Projector • cinema room • Underground Parking • Secure Parking • TV • washing machine • coffee machine  • Air Conditioner • Fireplace • gas cylinder • sound system • humidifiers • Blinds

Strand Central, Strand

Seated on the shores of False Bay, Cape Town, is the resonant coastal town of Strand, nestled between the cool Atlantic Ocean and the towering Hottentots Holland Mountain range. It is just 40-minutes from Cape Town, halfway between the towns of Macassar and Gordon’s Bay, and 32-minutes away from the Cape Town International Airport.  Strand is a vibrant metropolis, home to 50 000 residents, it forms...
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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

12,957.12

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