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R1,520,000

214 Rhapsody, 1 cinnebar

Monthly Bond Repayment R16,472.35
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R1,887
Monthly Rates
R586

No transfer duty and no conveyancing fees

Lovely two bedroom, one bathroom first floor apartment in Rhapsody, Burgundy Estate. Modern kitchen with granite counter tops, ceramic hob, electric oven, extractor fan and a plumbing point for washing machine or dishwasher. The bathroom comes with a bath and shower and has a window and extractor fan for ventilation. Occupation for Feb/March 2024. No Transfer duty, no conveyancing fees payable (T&Cs apply) you are liable bond cost and a once off R5000 Eskom connection fee. Excellent investment property.

Possible rental income on current market trends are as follows:
- 1 Bedroom 1st floor apartment R9000
- 1 Bedroom Garden apartment R9500
- 2 Bedroom 1 Bathroom 1st-floor apartment R12500-R13000
- 2 Bedroom 1 Bathroom Garden apartment R 13500
- 2 Bedroom 2 Bathroom 1st-floor apartment R13000-R13500
- 2 Bedroom 2Bathroom Garden apartment R14000

Rhapsody is a gated complex that comes with smart access control, contactless access for residents and secure visitor access systems. The Perimeter is secured by means of CCTV cameras and electric fencing. The spacious complex will offer ample green open spaces with play areas, a swimming pool and braai facilities. Solar panels will be installed to power the elements in the geysers. High speed fibre, 24hr laundry room and shared office space will be available to residents.

Rhapsody sits on the edge of Burgundy Estate, bordering on vineyards and the Durbanville wine route. A secure complex bordered by Carmine Road and Cinnebar Street, Rhapsody is made up of nine low-rise apartment blocks and fourteen freestanding houses, separated by landscaped gardens and green spaces.

Live your good life by making the most of our sunny South African lifestyle next to the communal pool, enjoying a quiet moment in the pocket park or connecting with friends next to the braai fire. Escape from the noise in this quiet suburbia, where you have access to kilometres of running, walking or cycling paths. Convenience shopping, restaurants and schools are within walking distance.

Less than 20 kilometres from the centre of the Mother City, Burgundy Estate is central, spacious and secure. It's where families grow together.

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
64m²
Extras
Balcony,  • Built-in Wardrobes,  • Pets Allowed,  • Security,  • Shared Pool,  • Children's Play Area,  • Barbecue Area,  • 24 Hour Access,  • Closed Circuit TV,  • Communal Braai Area,  • Dishwasher Connect

Burgundy Estate, Milnerton

Just ten minutes from Century City, in the foothills of the Durbanville Hills, Burgundy Estate Cape Town borders the vineyards of the historic De Grendel wine farm. In fact, the estate originally formed part of the farmlands where Sir David Graaff grazed herds of Friesland cattle and trained his beloved Arabian thoroughbreds. This secure, walled estate offers residents and investors the benefit of communal...
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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

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Monthly Payment

16,472.35

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