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R790,000

Monthly Bond Repayment R8,424.79
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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2 Bedroom Apartment For Sale in St Michaels

This well-maintained two-bedroom flat, located on the first floor of Fairbridge Terraces, offers a prime position in the heart of Brackenfell. It is within walking distance of Brackenfell Primary, Brackenfell High, the local library, the municipality, shopping centres, and public transport, making it an ideal choice for convenience. Investors will appreciate the excellent value, as the property generates a steady rental income of R8,000 per month.

The flat features a spacious, tiled open-plan TV room and kitchen that feels bright and welcoming, with enough space for a cozy dining area. The kitchen is well-equipped with plenty of storage, an under-counter oven, a hob, an extractor fan, and fittings for a washing machine, as well as ample countertop space. Both bedrooms are generously sized, fully tiled, and include built-in cupboards for convenience. The full bathroom is neat and functional.

For added ease, the property includes undercover parking, making this flat a perfect combination of comfort, location, and investment potential.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
No
Sizes
Floor Size
60m²

St Michaels, Brackenfell

Brackenfell, Western Cape, lies in the Northern Suburbs of Cape Town. It is at the start of the rural winelands but still within 25 minutes of Cape Town, making it a perfect balance of country living and accessibility to the city. It is surrounded by Kraaifontein in the northeast, Kuilsrivier in the southwest, Durbanville in the northwest and Bellville in the west. The beckoning mountain ranges bordering the area...
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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

8,424.79

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