Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 1 970 000

1 Bedroom Apartment / Flat for Sale in Cape Town City Centre

Cape Town City Centre, Cape Town

Contact agents for street address

1
1
86 m²

NO TRANSFER DUTY

Contact Agents

City Centre hotel investment property (hotel pool) - 8% net yield

Sole mandate with video and floor plan. No transfer duty payable. 8% net yield.

One of the easiest property investments. Buy the property and get paid, the hotel looks after everything else.

Investment apartment which is part of a hotel rental pool. Total NET yield currently stands at 8% NET yield based on the asking price. Rates and levies paid by the hotel. Yield based on the last 12 months of trading.

The owner is allowed 28 days per year at the hotel on a heavily discounted rate but not during peak times or limited availability.

Bedrooms: 1

Bathrooms: 1

No Pets Allowed

Furnished

Fibre Internet

Listing number: P24-113094083, Image number: 1, Lounge

Listing number: P24-113094083, Image number: 2

Listing number: P24-113094083, Image number: 3, View of the building from the square

Listing number: P24-113094083, Image number: 4

Listing number: P24-113094083, Image number: 5

Listing number: P24-113094083, Image number: 6

Listing number: P24-113094083, Image number: 7, Dining

Listing number: P24-113094083, Image number: 8

Listing number: P24-113094083, Image number: 21

Property Overview

Listing Number

113094083

Type of Property

Apartment / Flat

Listing Date

15 August 2023

Floor Size

86 m²

Price per m²

R 22 907

No Transfer Duty

Yes

Pets Allowed

Furnished

Yes

Rooms

Bedrooms

Bathrooms

Kitchens

Lounges

Other Features

Internet Access

Fibre

Wheelchair Accessible

Yes

Generator

Yes

Points of Interest

Bond Calculator

Monthly Repayment:

Total Once-off Costs:
(Transfer Duty Excluded)

This property has been flagged as “No Transfer Duty” by the agent/seller, we have therefore excluded a transfer duty of from the total once-off cost calculation.

Min Gross Monthly Income:

View Breakdown

What do I qualify for based on my income?

What are the bond and transfer costs?

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.