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R4,195,000

705 FortyonL, 40 Lion Street

Monthly Bond Repayment R43,300.30
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter

Monthly Levy
R5,925
Monthly Rates
R2,731

Prime 7th Floor Investment Opportunity for Airbnb

Say goodbye to transfer duty and hello to effortless hosting with this fully furnished, move-in-ready 3-bedroom, 2-bathroom apartment (109 sqm) located in a sought-after Bo-Kaap/Signal Hill complex.

Key Features:

Breathtaking Views: Enjoy two spacious balconies offering spectacular views of Lion’s Head and the city skyline.
Exclusive Amenities: Access an indoor gym, outdoor pool, and a communal patio with panoramic 200-degree views of Table Mountain.
Night time Charm: Watch the city light up with a beautiful nighttime view.
Designed for Short-Term Rental Success:

The apartment’s industrial-chic style, with modern finishes, is perfect for attracting guests.
Each of the three generously sized bedrooms offers ample storage and comfort.
Two stylish bathrooms are designed with sleek fixtures.
Exposed concrete ceilings and polished concrete floors add to the contemporary charm.
Investment Highlights:

Airbnb-Friendly & Pet-Friendly: Approved for short-term rentals, providing a steady stream of income.
High Returns: Enjoy yields of up to 12% annually.
Turnkey Solution: Fully furnished and ready for immediate renting.
Low Maintenance: Save on costs while generating income.
Prime Location: Just a short walk from Cape Town’s best attractions.
Why Invest?

Cape Town’s short-term rental market shows consistent demand.
The city’s tourism industry continues to thrive.
The potential for long-term property appreciation makes this a smart investment.
Take advantage of this exceptional Airbnb opportunity. Get in touch today to arrange a viewing!

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
109m²

Bo Kaap, Cape Town

Introduction Welcome to Bo-Kaap, a historic and culturally rich suburb located in Cape Town. This neighbourhood is famous for its colourfully painted homes and multi-coloured houses, as well as the streets filled with vibrant activities that make up this area's history. Therefore, one can combine the past with modern living space by living in this unique place. A Brief History of the Area Bo-Kaap is one...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

43,300.30

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