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R700,000

Monthly Bond Repayment R7,344.79
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Affordable Two-Bedroom Apartment in Spencer on Royal Maitland

Discover an excellent investment opportunity or a cosy home for a small family at Spencer on Royal in the heart of Maitland. This affordable two-bedroom apartment offers a bright and open-plan living space, perfect for modern living.

As you step through the front door, you are welcomed into the galley kitchen and open planned living room area. The apartment boasts loads of natural light streaming through the windows, creating a warm and inviting atmosphere. While the property does need some work, its affordable price makes it an ideal canvas for your personal touch and modern upgrades.

The layout includes two comfortable bedrooms, providing ample space for a small family or tenants. The bathroom is conveniently located to serve both bedrooms and the living area.

Exterior features include a designated parking bay within a gated entrance equipped with electric fencing, ensuring security and peace of mind.
Spencer on Royal is conveniently located close to shops, a park, and various job opportunities, making it an ideal choice for those who seek a central location with easy access to amenities. The friendly neighbours and peaceful surroundings add to the charm of this well-positioned property.

With its potential for self-paying investment through rental income, this apartment is a great option for investors looking to expand their portfolio. It's also perfect for a small family seeking an affordable entry into the property market.

Don't miss out on this fantastic opportunity. Contact Ryan and Brent today to arrange a viewing and explore the possibilities that Spencer on Royal, Maitland has to offer.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
54m²
Extras
Built in Wardrobes • Gas Oven • Dishwasher Connection • Bath, Toilet and Basin • Shower

Maitland, Cape Town

The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in...
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Greeff Head Office Expansion
Greeff Christie's International Real Estate is expanding further into the Cape Town city bowl, growing their unique hands-on brand of professional service excellence to new markets. Despite the COVID19 pandemic, Greeff has...
 
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,344.79

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