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R960,000

201 The Hub, 52 Strand Street

Monthly Bond Repayment R10,403.59
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R1,800
Monthly Rates
R700

SPACIOUS STUDIO APARTMENT

Welcome to PHASE 3 of the Hub Development with selected apartments available for purchase.

The recent refurbishment and expansion of The Hub further enhance its value and appeal, making it a solid investment opportunity. With tenants already in place, investors can enjoy immediate rental income and the potential for long-term appreciation.

The Hub is situated in a prime location in a fast growing area, it is around the corner from the most popular market (The Old Biscuit Mill) and has easy access to major highways and public transportation. The building features modern amenities and a large rooftop showing off 360 degree views of Cape Town, with a gym, putt putt course, and chill area, making it attractive to a variety of tenants.

The building comprises studios, 1-bedroom, and 2-bedroom apartments, starting at R960,000. (All 2 Bedroom apartments are sold out)

Main Features of The Hub:
No Transfer or Bond Costs Payable
No Deposit required
Apply for 100% Bond
Secured underground parking bay
Furniture packages available
Ability to Airbnb, Short-term and Long term
Transfer in 2 - 3 months
Additional parking bays and storage units can be purchased
Existing development, refurbished and ready to move into (Pre-Let Apartments)
Solar and Invertor for communal areas
2 Lifts and stairways
Pet-friendly
Concierge and 24-hour security on site

Distance to popular areas:
Old Biscuit Mill: 400m • UCT: 4.5 kms • V+A Waterfront: 4.8kms • Groote Schuur Hospital: 2.3 kms.

If you are interested in proceeding, schedule a call, come and view your ideal apartment so you don't miss out on this opportunity to own a piece of prime real estate in a thriving area.

Features

0.5
1
Pets Allowed
Yes
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
43m²
Land Size
43m²
Extras
24 Hour Access • 24 Hour Response • Above Road • Accommodation • Alarm System • Bachelor Studio • Basin • Bath, Toilet and Basin • Balcony • Bar Counter • Blinds • Bath • Below Road • Built in Wardrobes • Common Toilet • Communal • Courtyard • Covered Patio • Curtain Rails • Dishwasher Connection • Electric Gate • Electric Fencing • Fibre • Dual Living • First Floor • Gated Community • Fridge • Garbage Disposal • Guest Toilet • Guard • Gym • Handicap Available • Holiday Home • Hob • Intercom • Internet Port • Laminated Floors • Lifts • Mountain • Multi Storey • Office • Patio • On Street Parking • Oven & Hob • Extractor Fan • Open Plan Room • Residential • Secure Parking • Open Plan Kitchen • Safe • Shower, Toile tand Basin • Secondfloorandabove • Security Gate • Shared Living • Shower • Single Parking • Sliding Doors • Storage • Washing Machine Connection • Stove • Student Accommodation • Oven And Hob • Storeroom • Studio • Toilet • TV • Under Counter Oven • Underground Parking • TV Port • University College Community • Vinyl Floors • Visitors Parking • Mountain View • Sea • Aluminium Window

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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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Monthly Payment

10,403.59

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