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R12,995,000

Monthly Bond Repayment R140,827.73
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R10,296.5
Monthly Rates
R7,500

EXPANSIVE RESIDENTIAL PROPERTY IN PRIME THREE ANCHOR BAY

Superb opportunity awaits to develop this 1351 sq m Art Deco property on the Atlantic Seaboard to realize its full potential .Offering easy access to the V&A Waterfront, the City Centre and N1/N2, this prime property, spread over three floors, can be lived in as it is or converted into a number of smaller flats. Previously used by the NSRI, the building currently offers a basement which comprises of 5 storerooms, parking for 6 to 10 cars, communal bathrooms. Separate Bachelor apartment and secure parking for another 5 cars. 1st Floor comprises of a reception area, numerous offices, a boardroom/dining area with flow to large veranda. Storerooms, kitchen and staff canteen. Sweeping spiral staircase leads to 2nd floor comprising of numerous offices and a large patio with views. The first and second levels were the original living areas. The property is zoned General Residential GR4 and there are a number of options for the future of the building. * Convert the existing Section into a number of smaller flats, covert the Section and add the remaining permissible floor space to the building or apply for one of the permissible consent uses. Detailed plans and a Town Planners report available. Contact Graeme Smith for further details and a viewing appointment.

Features

6
3
10
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
2
Reception Rooms
3
Studies
1
Exterior
Garages
10
Carports / Parkings
5
Security
Yes
Flatlet
1
Sizes
Floor Size
1,352m²

In the news

Find Your Dream Home with Team Sierra Tyson Properties on the Atlantic Seaboard, Cape Town
The Team Sierra, Tyson Properties Atlantic Seaboard team consists of four highly motivated & experienced realtors, namely Arthur Sierra, Celeste Davidson, Sheldon Lubbe, and Maxine Anderson. Boasting R100m worth of sales this...
 
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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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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

140,827.73

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