Property
South Africa

3

Beds

2

Baths

2

Parking

209 m²

Floor area

Apartment 3 beds 2 baths 209 m²

About this property

Spacious, sea-facing, 3-bedroomed flat with secure undercover parking, directly opposite Kings Beach. An excellent investment opportunity for secure rental accommodation, or a great property to live in and experience living across the road from the beach.

This light and bright flat consists of:

  • Entrance hall with security gate access
  • 3 very spacious bedrooms with plenty of built-in cupboards
  • 2 full bathrooms, with one being the main ensuite
  • A massive TV lounge or study area with fantastic views
  • Open plan lounge to dining room with excellent views
  • Spacious modern kitchen with loads of cupboards and space for all appliances
  • Laundry room or extra storage room
  • 2 undercover, secure parking bays with direct access into the block of flats
  • Fibre available but not yet installed
  • Drying area for hanging up washing available off undercover parking areas
  • Visitors parking outside and across the road from property
  • Close to University, Schools, Beaches, Restaurants, Shopping Centres and Highways

Apartment block well-managed by Trafalgar Management Agents. Some TLC needed.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Living room × 2
Dining Room
Room × 2
Garage × 2

Features & amenities

Sea facingSecure undercover parkingKings Beach oppositeFibre availableBuilt in cupboardsModern kitchenStorage roomViewsInvestment opportunityWell managed complex

Price & ownership

Asking price R 2 100 000
Price per m² R 10 048
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,1M
Taxes + legal + admin fees R 81,4K

Rough split: 96.3% purchase price, 3.7% buying costs.

  • Asking price R 2 100 000
  • Transfer duty (est.) R 39 786
  • Deeds Office (transfer) R 1 825
  • Conveyancing (est., incl. VAT) R 39 785
  • Deeds lodgement R 52
  • Total indicative R 2 181 448

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 19 831 /month

Total paid over 20 years (deposit + repayments): R 4 969 425

Deposit 10% · R 210 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 1 890 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 100 000