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R1,025,000

221 The Factory, 1 Howe Street

Monthly Bond Repayment R10,930.90
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,290
Monthly Rates
R700

Modern 1-Bedroom Apartment in the Heart of Observatory

This stylish and contemporary 1-bedroom apartment is ideally located in the vibrant and eclectic community of Observatory, perfect for students or young professionals. Just a short Jammie ride away from colleges, AFDA Acting School, hospitals, and the university, this property offers convenient access to everything you need.

Property Features:

Open-plan kitchen, lounge, and dining area
Modern face brick and concrete design
Juliette balcony with sliding door and scenic views
One bedroom with built-in cupboards
Bathroom with shower
Tiled and laminate flooring throughout
Plumbed for a washing machine or dishwasher
Fiber ready for high-speed internet

Complex Amenities:

Rooftop swimming pool
Gym
Laundry facilities
24/7 security with intercom service
Covered parking bay

Prime Location:

The central location provides easy access to Cape Town CBD and major routes like the M5 and N2. The Jammie Shuttle, Neighbourgoods Market, and Old Biscuit Mill are just minutes away. Shops, Obs Cafe, and the new Amazon development are all within a short distance, making this an excellent investment opportunity or secure lock-up-and-go home.

Levies: R2290
Rates: R700

Current tenant in place until Jun 2025; paying R8,500 pm.

Don't miss out on this fantastic opportunity for secure and convenient living!

ON SHOW viewings are by appointment only.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
43m²

On Show

17:00 to 17:30
Wednesday, 20 November 2024
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Directions

1 Howe Street, Observatory

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Observatory, Cape Town

Observatory Property Observatory Location Observatory is one of Cape Town's trendiest suburbs and is a hub of creativity, innovation, and inspiration. Heavily influenced by the student culture of the area, Obs (as it's referred to by locals) is youthful and bohemian to the core. Young professionals also flock to the area because it offers a unique lifestyle matched only by neighbouring Woodstock. The area...
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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

 

LOAN AVAILABLE

R
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Monthly Payment

10,930.90

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