Property
South Africa

2

Beds

2

Baths

2

Parking

110 m²

Floor area

Apartment 2 beds 2 baths 110 m²

About this property

Overview

Modern 2 bedroom, 2 bathroom second floor apartment in Malakite. Step into your dream home in this highly sought-after area where luxury, comfort, and convenience converge in this stunning apartment. Designed for modern living, this well-appointed home offers a peaceful sanctuary with exceptional lifestyle perks.

Property Features

  • Spacious open-plan living area
  • Well-equipped kitchen with gas stove and sleek built-in cupboards
  • Pet-friendly environment
  • 2 covered parking spaces included

Lifestyle Amenities

  • Sparkling swimming pool
  • Fully equipped Training Science Gym with a personal trainer
  • Clubhouse and lifestyle center with free WiFi
  • Restaurant
  • Children's playground, fitness track, and scenic picnic spots with braai areas

Security & Safety

  • 24/7 security surveillance
  • Gated access for enhanced safety

Investment Opportunity

Option to purchase with a reliable, long-term tenant already in place.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Parking
Garage × 2

Features & amenities

Swimming poolGymPet friendlyGatedSecurityBraaiOpen plan livingClubhouseRestaurantFitness track

Price & ownership

Asking price R 1 100 000
Price per m² R 10 000
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 1,1M
Taxes + legal + admin fees R 24,6K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 100 000
  • Deeds Office (transfer) R 956
  • Conveyancing (est., incl. VAT) R 23 575
  • Deeds lodgement R 52
  • Total indicative R 1 124 583

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 10 388 /month

Total paid over 20 years (deposit + repayments): R 2 603 032

Deposit 10% · R 110 000
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 990 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 100 000