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R1,600,000

7 Melrose Square , 7 Dennesig Street

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

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Monthly Levy
R1,972
Monthly Rates
R430

Two Bedroom Apartment For Sale

Introducing an exquisite two-bedroom apartment in Melrose Square, now available. Situated in the sought-after Dennesig area of Stellenbosch. Featuring 24-hour security, residents of this development can enjoy the utmost peace of mind. Additionally, a communal laundrette facility offers convenience and efficiency. Parking will never be an issue, as this apartment includes a basement parking bay.

Currently under lease until 30 November 2023, this property presents an incredible investment opportunity. The thriving property market in Stellenbosch ensures a promising return on investment for potential buyers. We would be privileged to present this real estate asset to you. Don't miss the chance to own a piece of Melrose Square. Schedule a private viewing with us today

Features

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

Stellenbosch Central, 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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What is a "comparative marketing analysis", and how does it help price a property correctly? With homes making up a large part of many South African's investment worth - many ask themselves, "What is my property...
 
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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:

Income

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,339.31

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