Property
South Africa

2

Beds

2

Baths

2

Parking

88 m²

Floor area

House 2 beds 2 baths 88 m²

About this property

A beautiful ground-floor 2-bedroom, 2-bathroom unit with modern finishes. The patio overlooks the garden, providing the perfect space to enjoy the outdoors and host a relaxing braai. You'll also enjoy a slight ocean view.

This unit includes two basement parking spaces and a storeroom for added convenience. With gated access right at your doorstep, you're just a short walk from the beach, Summerstrand Village shopping centre, top restaurants, and Pick n Pay.

Retief Plein is an upmarket, well-maintained Mediterranean-style complex, ideal for a lock-up-and-go lifestyle—perfect for downsizing, young professionals.

Rooms & layout

Bedroom × 2
Bathroom × 2
Patio
Storeroom
Garage × 2

Features & amenities

Ocean viewGardenBraaiGated accessBasement parkingStoreroomGround floorModern finishesMediterranean style complexNear beach

Price & ownership

Asking price R 1 700 000
Price per m² R 19 318
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 1,7M
Taxes + legal + admin fees R 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 1 700 000
  • Transfer duty (est.) R 15 786
  • Deeds Office (transfer) R 1 477
  • Conveyancing (est., incl. VAT) R 33 695
  • Deeds lodgement R 52
  • Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 700 000