1
Beds
1
Baths
1
Parking
39 m²
Floor area
About this property
Overview
Dorma Square offers the ultimate in modern, lock-up-and-go convenience in the heart of Walmer. Only 3 years old, this ground-floor unit is perfect for first-time buyers or investors looking for a high-demand Airbnb-friendly asset.
Property Highlights
Prime Location
- Minutes away from the airport, major shopping hubs, and quick freeway access
- Only a 5-minute drive to the beach
Investment Potential
- Excellent monthly rental returns
- Airbnb/short-term rental friendly
Modern Features
- Open-plan living area
- Modern kitchen
- Bedroom with crisp, white-on-grey aesthetic
- En-suite bathroom
Relaxed Lifestyle
- Lounge opens onto a patio with built-in braai, ideal for quiet relaxation
Parking
- 1 allocated carport included
Security
- Remote control access to the complex
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.6% purchase price, 2.4% buying costs.
- Asking price R 770 000
- Deeds Office (transfer) R 669
- Conveyancing (est., incl. VAT) R 18 412
- Deeds lodgement R 52
- Total indicative R 789 133
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
Total paid over 20 years (deposit + repayments): R 1 822 123
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 693 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 770 000