Property
South Africa

2

Beds

2

Baths

1

Parking

61 m²

Floor area

House 2 beds 2 baths 61 m²

About this property

Overview

LINDISFARNE — Corner Unit

Sought-after, secure complex located in West Hill. Perfect as a lock-up-and-go investment opportunity or a home space for Rhodes University students.

Features

  • 2 spacious bedrooms with built-in cupboards
  • Both bedrooms have en-suite bathrooms (shower, basin, toilet)
  • Sunny open-plan kitchen and lounge
  • Aluminium sliding doors leading to balcony with great views
  • Tiled flooring throughout

Kitchen & Appliances

  • Granite tops
  • Under-counter oven
  • Gas hob
  • Washing machine
  • Tumble dryer
  • Fridge

Additional Amenities

  • Prepaid electricity
  • Undercover parking
  • Backup water system with complex water tanks (accessible 5–7am and 5–7pm daily)

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Balcony
Garage

Features & amenities

Secure complexCorner unitEn suite bathroomsOpen planBalconyUndercover parkingPrepaid electricityBackup water

Price & ownership

Asking price R 760 000
Price per m² R 12 459
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 760K
Taxes + legal + admin fees R 19K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 760 000
  • Deeds Office (transfer) R 660
  • Conveyancing (est., incl. VAT) R 18 262
  • Deeds lodgement R 52
  • Total indicative R 778 974

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 7 177 /month

Total paid over 20 years (deposit + repayments): R 1 798 459

Deposit 10% · R 76 000
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 684 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 760 000