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R1,700,000

Monthly Bond Repayment R17,837.35
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R490

Beautiful Investors Dream.

The property at 80 Colridge Road in Salt River, Cape Town, is part of a neighborhood known for its blend of residential and commercial spaces, close to Cape Town’s CBD and surrounded by the vibrant suburbs of Woodstock and Observatory. Salt River itself has a rich history, once an industrial area and now increasingly popular for redevelopment, drawing a mix of young professionals and creatives. The area is also close to major attractions like Signal Hill, which adds to its appeal for both residents and investors.

Properties along Colridge Road, including semi-detached cottages and multi-bedroom homes, generally feature modern upgrades while retaining their historical charm. Nearby amenities include various retail outlets, cafes, and public transport options, making it convenient for residents. Recent listings on Colridge Road indicate that properties range significantly in price, reflecting the varying sizes and states of renovation, and can provide a sense of community living in a bustling, urban environment.
The property at 80 Colridge Road, Salt River, is a two-bedroom, semi-detached cottage with a thoughtful layout perfect for a starter home or cozy family residence. The house has been recently renovated, offering an open-plan design that connects the kitchen and living area, which includes a wood-burning stove and French doors leading to a private courtyard.

The kitchen is equipped with modern finishes, such as granite countertops, a built-in oven, and a stove, making it both stylish and functional. A breakfast bar divides the kitchen from the living room, enhancing the open-concept flow. Each of the two bedrooms is spacious and includes built-in cupboards, and the single bathroom is well-fitted with a shower, bathtub, and plumbing for a washing machine.

In addition to the main rooms, the cottage has a loft area that can be used as extra storage or even a small playroom, which adds flexibility to the space. Located on a quiet street, this property is also pet-friendly and comes with some security features, adding to its appeal as a family-friendly home in Salt River

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Sizes
Floor Size
121m²
Land Size
121m²

Salt River, 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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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:

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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

17,837.35

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