Thursday, April 3, 2025

Not Bad – This Is What Four Bar Gets You In Green Point

If you want to live anywhere near the Cape Town CBD these days, you're paying for the privilege. In this case, it's a cool R4 million.

If you want to live anywhere near the CBD, you’re paying for the privilege.

How about 91m² retailing for R3 995 000, or a cool R44 000 per square metre?

That’s what you’re getting if you snap up this two-bedroom apartment in Green Point, according to a listing on KF Property.

Quick sum – if you buy this one without a deposit, and pay your bond off over 20 years at 10% interest, you’re paying R38 552 61 a month.

You can add on the monthly levy of R1 562 and rates of R850 – spicy.

Here’s the little write-up that comes with all the fancy pics:

Stunning, light and airy apartment with beautiful views. Open plan lounge / dining / kitchen flowing onto an open balcony. Two bedrooms, two bathrooms (both en-suite).

This exceptionally well-appointed apartment is within walking distance to all amenities including shops, shuls, restaurants, pharmacies and the V&A Waterfront.

A tenancy at R18 500 per month is in place month until end of July 2018.

A parking bay is rented from the body corporate which can be taken over by the purchaser. The block has 24hr security.

One more picture of the second bedroom:

If I had a buck for every time someone above the age of 50 called my generation entitled, I might actually be able to afford to buy property at some point in my life.

But yeah, cool, I suppose R4 million is just the going price these days.

[source:kfproperty]