R4,750,000
Monthly Bond Repayment R50,655.41
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R5,500
R1,400
UNBELIEVABLE INVESTMENT OPPORTUNITY ON THE SLOPES OF TABLE MOUNTAIN
With an amazing average monthly income of R50,000, this property offers an unbeatable return on investment. It's the perfect pied-à-terre for when you visit the Mother City and a fantastic source of passive income while you're away.
Nestled in the desirable FORTY ON L building in vibrant Bo-Kaap, this two-bedroomed apartment is a one-of-a-kind living space with unparalleled views. The open-plan layout features two bedrooms, one bathroom, and spacious living areas spanning 54m², seamlessly flowing onto a gorgeous wraparound balcony. From here, you can soak in breathtaking panoramic vistas of the ocean, harbour, city skyline, and the iconic Table Mountain.
The open-plan kitchen is equipped with modern and high-quality Smeg appliances, including an oven and refrigerator. The apartment's thoughtful design incorporates space-saving features, such as ample drawers and storage spaces, built-in vanities, and desks.
The current furniture is available for purchase, ensuring a seamless transition for new owners without disrupting any existing short-term rental arrangements or income streams.
FORTY ON L offers a wealth of shared amenities, including a communal entertainment deck with panoramic views, a refreshing pool, braai areas, and inviting seating spaces.
Residents can enjoy the convenience of on-site gym and laundry facilities. The building also provides 24-hour lobby and concierge services, as well as round-the-clock, on-site security with electric fencing, access control, and CCTV cameras, ensuring your peace of mind.
Additionally, FORTY ON L is a pet-friendly building, making it an ideal choice for pet owners.
This apartment caters to both comfort and convenience, offering a well-designed and secure living space in a vibrant location.
Contact Shameela today to arrange a viewing.
Features
Interior
Exterior
Extras
Built in Wardrobes • Shower, Toilet and Basin • Open Plan Special Feature • Communal Braai AreaBo Kaap, Cape Town
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