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R1,420,000

Monthly Bond Repayment R15,388.64
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Invest Today - Urban Living Apartments in Salt River

SECOND FLOOR TWO BEDROOM APARTMENT

Rental Income of R12 500

The Spectrum development is a housing development with an 'affordable' undertone without compromising on lifestyle quality: Units are North facing with Table Mountain as the backdrop and Table Bay ahead the site stands proud on the southern side of The Salt River Park.

We set out to create units that are affordable but deliver on lifestyle. Easy access, amenities and safety being the primary drivers. Once they were met, we focused on individuality, creating a space where owners can make it their own.

This central position just off Nelson Mandela Boulevard offers ease of access into Cape Town CBD, the Southern Suburbs, N2 outbound toward Cape Town International Airport, and minutes from the N1 North and South. With magnificent views of Table Mountain and Cape Town Harbour with an abundance of natural light the proposed units are made to have the optimal living experience

KEY FEATURES
The Spectrum, designed by leading architects TwoFiveFive Architects, allows you to experience the benefit of living near the heart of Cape Town's city centre, from the comfort of your own home. The unmatched convenience of being in a prime location, paired with industry leading design, perfectly nestled near all amenities you could require.

Cleverly designed apartments to maximise space
Co-working space
Back-up generator
Onsite coffee bar
Onsite gym
Raised pool with picturesque mountain and harbour view
24/7 security and access control
Pet-friendly
High-speed fibre connectivity
Onsite parking and storage facilities
Electric Vehicle (EV) charging station
NFT integration

*Parking bays available from an additional R150 000*

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Pool
Yes
Sizes
Floor Size
49m²

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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

 

LOAN AVAILABLE

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Monthly Payment

15,388.64

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