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R1,600,000

Melrose Square, 5 Dennesig

Monthly Bond Repayment R17,339.31
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,973
Monthly Rates
R431

2 Bedroom Apartment For Sale in Dennesig

Two Bedroom Apartment in Melrose Square

Available for 2024. Two-bedroom apartment in Dennesig, a remarkable opportunity within an emerging area that still offer great development opportunities. The intention to extend Stellenbosch University's green route further enhances the safety of this location. Dennesig's is only 700 metres away from the university. This makes this a great investment opportunity in Stellenbosch since there is a high demand in student accommodation.
The apartment has great lighting and both bedrooms have a built-in desk, bookshelf, and cupboard. It comes with one underground parking space.

The communal braai area is a communal space designed for students to come together, socialize, and have a great time while taking in the breathtaking view of the nearby mountains. This setting is more than just a place for cooking and dining; it serves as a focal point for building connections, creating memories, and fostering a sense of community among the students.
The block has an access gate, electric fencing, 24-hour security and CCTV. There is also a communal laundry.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Views
Yes
Sizes
Floor Size
37m²

Dennesig, Stellenbosch

Stellenbosch is a town in the Western Cape province of South Africa, situated about 50 kilometres east of Cape Town, along the banks of the Eerste River. Stellenbosch is recognised as the second oldest European settlement in the province, after Cape Town.   The town became known as the City of Oaks or Eikestad in Afrikaans and Dutch due to the large number of oak trees that were planted by its founder, Simon van...
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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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R
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Monthly Payment

17,339.31

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