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R4,000,000

Well-positioned Studio with Stunning Mountain and Sea Views For Sale

Location: Salt River, Cape Town
Section Size: 311m2
Price: R4 million (plus VAT)
Zoning: MU2 (residential and offices included in the allowable uses)
Parking: 5 off-street parking bays

Description:
This well-positioned studio with stunning mountain and sea views is offered for sale with possible development potential into separate live/work spaces (with all applicable approvals) or simply use as a New York loft-style living and/or work space.

The unit is the top floor so extra volume and mezzanine floors can be created by exposing the rafters and opening up the space.

The current use is an art studio.

Features

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0
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
311m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Annenberg Property Group website is accurate and up to date, Annenberg 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

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

53,415.60

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