Durbanville Development
Western Cape. 2 Bed 1 Bath Apartments From R 1 245 000
More Information & Enquiry
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This luxury estate in Durbanville is in MASSIVE demand due to its convenient location. It’s safe, secure, and well-priced with great demographics.
In general, the northern suburbs area of Cape Town is very popular, where properties keep their value with consistent capital growth year on year.
Key Features & Location
Key Features & Amenities
- Remote control security gate
- Pre-paid water heating system
- Spacious and clean design
- Mobile panic buttons
- LED & solar powered lights
- Modern finishes
It’s also easy to commute to all areas as this estate is situated close to the N1.
1st & 2nd Floor Unit Plan
Type A – 2 Bed Unit – 65.7m²
3rd Floor Unit Plan
Type B – 2 Bed Unit 65.7m²
Investment Summaries
1st Floor 2 Bed, 1 Bath – R 1 295 000
| Purchase Price* (minus R 50 000 Deposit): | R 1 345 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 12 092 |
| Monthly Levies (Included for 12 months): | R 1 027 |
| Monthly Rates & Taxes: | R 500 |
| Monthly Rental Income: | R 10 500 |
| Monthly Shortfall: | R 2 092 |
| Net Yield: | 8.6% |
Investment Summaries
3rd Floor 2bed, 1 bath – R 1 245 000
| Purchase Price* (minus R 50 000 Deposit): | R 1 195 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 11 607 |
| Monthly Levies (Included for 12 months): | R 1 027 |
| Monthly Rates & Taxes: | R 450 |
| Monthly Rental Income: | R 8 500 |
| Monthly Shortfall: | R 3 557 |
| Net Yield: | 7.8% |
Investment Summaries
2nd Floor 2 Bed, 1 Bath – R 1 275 000
| Purchase Price* (minus R 50 000 Deposit): | R 1 225 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 11 898 |
| Monthly Levies (Included for 12 months): | R 1 027 |
| Monthly Rates & Taxes: | R 450 |
| Monthly Rental Income: | R 8 750 |
| Monthly Shortfall: | R 3 598 |
| Net Yield: | 7.8% |
Investment Summaries
Ground Floor 2 Bed, 1 Bath – R 1 395 000
| Purchase Price* (minus R 50 000 Deposit): | R 1 245 000 |
| Monthly Bond Repayment @ 11.25% Prime: | R 13 063 |
| Monthly Levies (Included for 12 months): | R 1 027 |
| Monthly Rates & Taxes: | R 450 |
| Monthly Rental Income: | R 9 000 |
| Monthly Shortfall: | R 4 513 |
| Net Yield: | 7.9% |
Location Map
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