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R2,150,000

309 The Fibonacci, 23 Main Road

Monthly Bond Repayment R22,192.05
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Convenience, Comfort, and Community— All in One Place - The Fibonacci

Convenience, Comfort, and Community—All in One Place

The Fibonacci redefines student accommodation in Cape Town, offering thoughtfully crafted spaces to support every aspect of student life. From sleek studio apartments to spacious two-bedroom units, each apartment combines practicality with modern design, making it not only an ideal living space but also an incredible investment opportunity in one of the city’s most sought-after locations, just 1.5km from UCT.

- Stylish curated Studio, 1-Bedroom, and 2-Bedroom Units
- Thoughtfully designed communal spaces featuring co-working spaces, relaxation areas, a pool and an on-site Padel court
- Curated interior, exterior and on-site retail including grocery store and more
- Conveniently situated on four Jammie shuttle routes
- Units priced from R1,240m to R2,340m
- Sales Launch Wednesday 19th February 2025 @ 6pm

LOCATION
Prime Location: Perfectly Positioned for Study, Work, and Leisure
Fibonacci Cape Town is ideally located near top universities, business hubs, and lifestyle destinations, providing residents with unmatched convenience. Its central position ensures easy access to academic institutions, workplaces, and a range of amenities for a connected and fulfilling lifestyle.

Key Location Highlights
- Close to Universities: UCT (1.5 km), Damelin (2 km), CPUT (6 km), UWC (12 km), and more.
- Access to Business Hubs: Cape Town CBD (6 km), Century City (10 km), and Claremont (5 km).
- Excellent Transport Links: Near Mowbray Train Station, bus routes, cycling lanes, and on the UCT Jammy Shuttle route.
- Lifestyle Amenities: Cavendish Square Mall (3 km), cafés, restaurants, and entertainment venues close by.
- This central location offers the ideal environment for study, work, and leisure, ensuring residents have everything they need within easy reach.

AMENITIES
Connect, Thrive & Grow!
The Fibonacci offers world-class amenities designed to support student well-being, community building, and personal growth. Thoughtfully crafted interior and exterior spaces encourage relaxation, social interaction, and productivity, creating an environment where students can truly thrive. From wellness-focused communal areas to essential retail services, every detail has been curated to enhance the student experience.

INVEST
- Studios from R1,240m
- The compound annual growth rate (CAGR) for sectional title properties within 1km of the development is 8.12%.
- Rental trends in the Western Cape are equally promising. Rental prices saw a 9.7% increase in Q2 2024 compared to the previous year, far outpacing the national average of 3.8%.
- Projected Rentals for 2027: Studios from R12,500 per month
- Dedicated on-site property manager and body corporate to be appointed

Sales launch

Early investment in The Fibonacci offers unique advantages—priority access, exclusive pricing, and strong growth potential. Here’s why acting now makes all the difference:

- The Fibonacci sales launch is on Wednesday 19th February 2025 at 6pm, where you will be able to the reserve the units of your choice
- Lock in the lowest prices before demand increases
- Benefit from 8% annual value growth over 2 years
- Choose the best units with premium features
- Enjoy 2 years to plan finances or rental strategies
- Maximise your returns by investing early

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Sizes
Floor Size
38m²
Extras
24 Hour Access • ROOFTOP TERRACE • KITCHEN/DINING • Gym

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This Apartment is found in The Fibonacci

5 Listings For Sale

Convenience, Comfort, and Community—All in One Place

The Fibonacci redefines student accommodation in Cape Town, offering thoughtfully crafted spaces to support every aspect of student life. From sleek studio apartments to spacious two-bedroom units, each apartment combines practicality with modern design, making it not only an ideal living space but also...

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

22,192.05

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