Joint Mandate

2 Bedroom apartment for sale in Newlands, Cape Town

R5,900,000
  1. 2
  2. 2
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  4. Web Ref: 1127334
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Property Features

ERF Size 0 m²
Rates R2,405 per month
Building Size 123m²
Sectional Title Levies R3,333

Interior Features

2 Bedrooms
1 Lounge
2 Bathrooms

Exterior Features

1 Garage
Views
1 Parking Space

Newlands Peak is a state-of-the-art residential development

Newlands Peak is a state-of-the-art residential development located in Newlands, Cape Town

Newlands Peak is set to become a lifestyle choice, in the heart of historical Newlands for those living a modern life yet looking for the comforts offered by a state-of-the-art development.

Newlands Peak
Unit 1002
R5 900 000
10th Floor | North
Levies: R3 333 pm
Rates: R2 405 pm
Est. Bond Cost: R41 168 pm

2 BEDROOM - 2 BATHROOM

Internal area: 91m2
External area: 32 m2

Features Include
11 Storey luxury apartment block
Secure undercover parking
8 floors of apartments including:
Ground floor garden apartments
2 floors of penthouse apartments
Rooftop deck with 2 heated swimming pools
Top floor state-of-the-art fitness centre
High speed fibre connectivity
Luxurious foyer & concierge
24-hour security
Premium coffee shop & restaurant
Landscaped atrium with seating & WiFi
Drop & go laundromat
Pet friendly


Frequently Asked Questions

When is the completion date?
Anticipated completion is May 2023. This is based on construction going according to plan and is subject to change. The transfer should take place approximately 2 months after completion.

Are short-term rentals / Airbnb bookings permitted?
Short-term rentals will be allowed. Therefore, units will be able to be marketed on Airbnb and other similar platforms.

How does the Guaranteed Rental work?
Applicable to certain Micro, Studio & One Bedroom apartments only.
The guaranteed rental is for the first 12 months from the date that transfer takes place.
This would coincide with when your bond repayments would begin.
The guaranteed rental does not apply should you wish to live in the apartment, only if you give Rawson a sole mandate to rent out your property on your behalf.
The bond costs are based on the current prime lending rate (7%) at the date of posting (1 March 2021).


Contact the agent

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Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

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