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R4,095,000

612 SS FORTYONL, 40 Lion Street

Monthly Bond Repayment R42,268.11
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R5,000
Monthly Rates
R2,731

Luxury 6th-Floor Retreat – Prime Airbnb Investment Opportunity

Step into effortless hosting and high returns with this fully furnished, move-in-ready 3-bedroom, 2-bathroom apartment (114 sqm) on the 6th floor of a prestigious Bo-Kaap/Signal Hill complex. With zero transfer duty, this is a turnkey investment opportunity designed for short-term rental success.

Enjoy two spacious balconies that showcase breathtaking views of the city, ocean, and harbor, making this the perfect spot for morning coffee or sunset cocktails. Guests and residents can take advantage of exclusive amenities, including a fully equipped indoor gym, an outdoor pool, and a communal patio area with unmatched 200-degree views of Table Mountain and the dazzling city skyline.

Designed with an industrial-chic aesthetic, this apartment features exposed concrete ceilings, polished concrete floors, and sleek modern finishes. The three spacious bedrooms offer ample storage and comfort, while the two stylish bathrooms are fitted with contemporary fixtures. Every detail has been thoughtfully crafted to maximize rental appeal and guest satisfaction.

As an Airbnb and pet-friendly property, this apartment promises high rental yields of up to 12% annually with low maintenance costs. Located within walking distance of Cape Town’s top attractions, it’s a prime spot for tourists and business travelers alike. The city’s booming tourism industry ensures consistent short-term rental demand, while the potential for long-term capital appreciation makes this an exceptional investment.

Don’t miss out on this income-generating gem! Contact us today to arrange a viewing and unlock the potential of this stunning Airbnb-ready property.

Features

3
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
114m²

Bo Kaap, Cape Town

Cape Town is a coastal city located on the western coast of South Africa. It is known for its natural beauty, including Table Mountain, and its many pristine beaches. The city is also a hub of cultural and economic activity, with a vibrant arts and fashion scene, as well as a thriving tech industry. The property market in Cape Town is a mix of residential and commercial properties, with a range of options...
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In the news

The V&A Waterfront: a guide to Cape Town's premier destination
The V&A; Waterfront is one of Cape Town's most iconic landmarks, and it offers a wealth of activities and attractions for visitors of all ages. Located on the picturesque Victoria & Alfred Basin, this bustling hub of activity is...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

42,268.11

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