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R1,250,000

Monthly Bond Repayment R13,546.34
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,376
Monthly Rates
R702

0.5 Bedroom Apartment For Sale in Observatory

Industrial-Chic Residence with Mixed-Use Zoning and Secure Parking

Introducing an industrial-chic apartment, once the heart of a printing business, now reborn into individual units brimming with character that pays homage to South Africa's rich printing legacy. Boasting a mixed-use zoning and a coveted secure exclusive use parking spot, this property seamlessly welcomes you into ownership without the burden of transfer duties.


Step into the expansive open-plan living area nestled within the FIVE HOWE STREET complex, where fittings nod to its industrial past while embracing contemporary living.


Enhanced with round-the-clock manned security and a convenient lift for accessibility, this unit showcases concrete screeded floors and soaring double-volume ceilings adorned with exposed piping, preserving the complex's distinctive charm.


Nestled at the furthest point of the unit, the bathroom provides essential amenities including a shower, toilet, and hand basin for your comfort. Controlling your utilities is made simple with prepaid electricity and prepaid water, while adaptable surface-mounted electrical wiring and plumbing enable effortless customisation.


The open-plan kitchen offers generous storage options and features a double-sink. Bathed in sunlight from expansive windows situated at the opposite end of the unit, the space is flooded with natural light, crafting a cosy, and inviting atmosphere.


Priced inclusive of VAT and void of transfer duties, this property presents a compelling opportunity for diverse buyers—whether you're a parent of a student, a young professional, an astute investor, a visionary renovator, or a seeker of a unique office space.


Nestled in a dynamic neighbourhood bustling with artists, businesses, and esteemed educational institutions like the AFDA Film School and Black River Business Park, this property invites you to explore endless possibilities.


Embrace the chance to transform this versatile space into your own haven—seize the opportunity today.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
67m²

Observatory, Cape Town

Affectionately known to locals as 'Obz', Observatory is a Cape Town suburb that defies expectations. Sure, it's known for being a student hub, thanks to its proximity to the University of Cape Town (UCT). But look closer, and you'll find a colourful suburb bursting with historic charm, youthful energy, and surprising affordability - a potent mix that's attracting savvy property buyers of all stripes. Tips: Why...
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Tips for First-Time Property Sellers
Tips for First-Time Property Sellers: Navigate the Journey with Confidence Selling your first property is a significant milestone, often marked by excitement and uncertainty. As you begin this journey, understanding the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

13,546.34

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