Property Details

This apartment is located on the first floor of a 24-hour manned security complex within Buh-Rein Estate. It is a modern, neat, and well-maintained apartment with two well-sized bedrooms, built-in cupboards, and fitted carpets. The family bathroom has a lovely shower and is tiled to the roof. The spacious open-plan kitchen has an under-counter, hob, and extractor fan, and it leads into the living area with a door that exits onto a balcony with lovely views. The geyser has solar power, making electricity a saver. You will have a designated parking bay, and visitors' parking is available behind the security complex gates. The complex has a phone-in security system, and it also has a large playground and restaurants like Bossa where you can spend your evenings. The safety in this complex is very good, with burglar bars and security gates in the apartment and 24-hour armed response at the gate, as well as electric fencing all around. Buh-Rein Estate is a very well-managed estate, with 44 sectional title apartments. It is an award-winning development and a self-proclaimed suburb in the Northern Suburbs of Cape Town. It quickly became one of the most desirable destinations for both investors and end-users. This lifestyle estate, just short of 4,108 opportunities, will be home to almost 12,000 new residents by 2022. It introduces a new trend lifestyle of work, live, and play, with a selection of fantastic estate amenities like a Bossa family restaurant, Clubhouse, swimming pool, open-air gym, 10km jogging trail, 24-hour security, camera surveillance, and a multi-functional sports field. A future Checkers convenience center is set to open soon, providing residents with everyday essentials and more nearby. This complex also has a communal braai area and a washing line. All units are already fiber-ready and DSTV connections, so you can just plug in and go. All amenities are nearby, so you won't have to travel far for anything. The ad mentions "no transfer duty". "Transfer duty" is the tax levied by SARS on the transfer of property from one owner to another. However, any property valued from 0 to R1 million is exempt from this duty. But there are "transfer costs", which are the litigation attorneys' fees for handling the transfer, setting up documents, signing, etc. The estimated amount you will need when purchasing includes a purchase price of R759,000 and transfer costs of R29,975.75, which you will need additionally if you buy cash. If you need a bond, you will have bond costs of R30,075.75. In a nutshell, you need a plus-minus R60,000 for fees. First-time home buyers can get help from certain banks that can help you qualify for the costs included. Please take note that the amounts above are only estimates, and Lucinda Real Estate cannot be held responsible if they differ in any way. Feel free to give me a call and make this home yours.