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Quay 1 International Realty

Apartment · For SaleRef RL1146

Cape Town Hotel Investment Lifestyle

R 1 995 000

Cape Town City Centre, Cape Town

Key facts

Type
Apartment
Bedrooms
1
Bathrooms
1
Carports
1
Floor size
46 m²
Land size
46 m²
Sole & Exclusive Mandate Whether you're looking for a city apartment to call home, a lock-up-and-go, or an investment in one of Cape Town's most connected locations, this well-positioned 46sqm one-bedroom apartment at The Fountain Suites deserves a closer look. Situated on the 8th floor, the apartment enjoys cityscape views from its private balcony, creating the perfect spot to enjoy your morning coffee or unwind after a busy day. The layout offers a comfortable bedroom, a full bathroom with a shower over the bath, basin and toilet, along with a bright living space that makes the most of its central location. The unit also has built-in Aircon. One of the biggest advantages of buying into The Fountain Suites Hotel right now is the exciting future of the building itself. Under new ownership, the hotel is undergoing a comprehensive upgrade, adding long-term value without the burden of a special levy being charged to owners. A phenomenal way to benefit from an upgrade without having to pay a cent towards it, this alone will increase the value of the units in the block. Residents also enjoy the convenience and peace of mind of 24-hour security and concierge services, together with a secure underground parking bay. Location is where this property truly shines. The CTICC is within easy walking distance, making it an excellent option for professionals and frequent travelers alike. The V&A Waterfront is approximately a 10-minute drive away, while Cape Town's world-famous Clifton and Camps Bay beaches can be reached in around 15 minutes. If the outdoors is more your style, Table Mountain is just a short drive away, offering countless hiking trails and some of the most iconic views in the country. With convenience, security, ongoing building improvements and an unbeatable Foreshore location, this apartment offers an exceptional opportunity to enjoy everything Cape Town has to offer while investing in a property with exciting potential. Levies: TBC Rates: TBC

Features

  • pool
  • security
  • furnished
  • sea views

Good to know

What is the asking price?+

This apartment is on the market at R 1 995 000.

How many bedrooms and bathrooms does it have?+

It has 1 bedroom and 1 bathroom.

Is there parking?+

Yes - 1 parking bay.

How big is it?+

The floor size is 46 m², on a 46 m² erf.

Where is it located?+

It's in Cape Town City Centre, Cape Town.

Bond repayment

Estimated monthly repayment

R 19 458

On a R 1 795 500 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 1 995 000
Transfer duty (SARS)
R 33 486
Transfer & conveyancing (est.)
R 33 600

Estimated once-off costs

R 67 086

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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