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R2,400,000

Monthly Bond Repayment R25,182.14
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R4,167
Monthly Rates
R1,946

1 Bedroom Apartment For Sale in Cape Town City Centre

A rare opportunity to purchase a large corner one bedroom apartment in the iconic Mandela Rhodes Place.

Located in the Fairbairn aspect of the complex, with the beautiful heritage facade, this well-proportioned apartment overlooks the historic St Georges Mall.

Live in the very heart of the city centre, and feel the pulse of the vibrant live, work, play vibe it has to offer.

Stunning pool deck, access to Ignite Gym above Food Lovers Market next door, 24 hour security and access control.

This building is unaffected by Load Shedding.

Great for Long Term, Short Term and Airbnb Leasing so as an investment ticks all the boxes

Current lease in place till 31 October 2025 with a tenant paying R12 300pm

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
80m²

Cape Town City Centre, Cape Town

The vibrant hub of the city centre has experienced tremendous growth and over the last decade has seen its residential population increase by more than two thirds, predominantly made up of young professionals, students and entrepreneurs. The close proximity to work, meaning one avoids the ever increasing congestion of traffic on the arterial routes leading into the city as well as the abundance of cafes, shops...
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Tips when buying a sectional title property
Before rushing into making an offer on your dream apartment (sectional title unit), make sure you check the financials of the Body Corporate. It is important to determine the financial standing and that it is not in the red and...
 
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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

R
%

Monthly Payment

25,182.14

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