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]