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R3,090,990

Monthly Bond Repayment R30,342.50
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

2 Bedroom Apartment For Sale in Observatory

MADISON PLACE ----- New release: Prime Apartment! Guaranteed rental of R19 000 for first 12 months
Spectacular views and superior finishes - this fully furnished apartment located on the sought after 7th floor has just become available to a discerning investor. Purchase now in the trendy Observatory area where location is key. Luxury finishes include white stone counter tops, satin wrap cupboards, superior laminates, built in cupboards throughout and premium bathroom fittings. Priority has been given to installing top class security systems including electric fencing, 24hr security guards, CCTV and biometric access. With in-house gym. Close to UCT, a short drive into town and the Southern Suburbs. Located in the Urban Development Zone, entitling the purchaser to claim up to 55% of the purchase price as a tax deduction, over a period of 11 years.
VAT INC and NO TRANSFER DUTY

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Views
Yes
Sizes
Floor Size
82m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Upton Properties website is accurate and up to date, Upton Properties 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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R

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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

30,342.50

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