1 Bedroom Apartment in Parklands North

SOLE MANDATE | Asking Price: R1,090,000

Situated at 42 Whitehall Way, Parklands North, Blouberg, this well-positioned one-bedroom apartment is located within The Residence Estate, a secure residential complex offering convenient access to the everyday amenities of Parklands North and the greater Blouberg area.

The apartment extends approximately 45m² and comprises an open-plan living area and kitchen, one bedroom and one bathroom. The unit is tiled throughout and features a small private balcony, solar geyser and one dedicated parking bay.

This building is an EDGE-certified green building, featuring solar geysers and low-flow taps.

Security: The complex features secure fingerprint access, CCTV cameras positioned at the gate entrance, as well as vehicle licence plate recognition for convenient and controlled entry and exit, providing enhanced security and ease of access.

Property Details

Extent: 45m²

1 Bedroom

1 Bathroom: Spacious bathroom featuring a large shower and a window, allowing for excellent natural ventilation.

Open-plan living and kitchen area

Electric Stove & Extrator Fan

Kitchen blinds included in the sale

Tiled throughout

Small private balcony

Solar geyser

1 Dedicated Parking Bay

Communal washing lines available within the complex

Water and electricity usage conveniently controlled and managed via an app

Financial Details

Asking Price: R1,090,000

Estimated Levies: R707.28 per month

Estimated Rates & Taxes: R536 per month

Current Rental: R8,650 per month

Lease Expiry: March 2027

Below Transfer Duty Threshold

With an asking price of R1,090,000, the property falls below the current R1,200,000 transfer duty threshold, meaning no transfer duty is payable, subject to the applicable SARS requirements.

Existing Tenant

The apartment is currently tenanted at R8,650 per month, with the existing lease running until March 2027. This provides the purchaser with an established rental arrangement from transfer, subject to the terms of the existing lease.

Amenities

The apartment is conveniently located close to a range of amenities, including:

Crchechildcare facility available within the complex

Shopping centres and everyday retail

Restaurants and takeaway options

Schools and educational facilities

Medical and healthcare facilities

Gyms and recreational amenities

Easy access to surrounding arterial routes

Convenient access to Table View, Bloubergstrand and the beachfront

MyCiTi bus route at the complex, providing convenient access to Cape Towns public transport network

Viewings are strictly by appointment only and will take place on Saturdays between 10:00 and 12:30.

Contact me to schedule your viewing appointment or for further information.

Please Note: A few illustrative sketches have been included in the listing to provide an idea of how the available property could be furnished and utilised.