Property
South Africa

3

Beds

2

Baths

1

Parking

104 m²

Floor area

House 3 beds 2 baths 104 m²

About this property

This warm and homely townhouse residence offers the perfect blend of comfort and functionality, featuring three bedrooms and two beautifully appointed bathrooms, including a main en suite.

As you step through the front door, you're welcomed by a spacious open-plan living area designed for effortless flow and family living. The covered patio is north facing and features a security gate and blinds as extras leading onto a pretty garden with a storage shed.

The open plan lounge is the heart of the home with kitchen island allowing for easy living.

The sunny kitchen boasts sleek modern finishes, excellent lighting, and quality fittings. A gas hob ensures convenience for home chefs, while there is space for three appliances and a double-door fridge — perfectly suited for modern family living.

Red Ivory Lane offers 24-hour security with controlled access, guardhouse and CCTV — giving residents peace of mind and a secure living environment. Amenities include a communal swimming pool & clubhouse for socializing, relaxing or entertaining friends and family. Children's play areas, landscaped gardens and open communal green spaces are ideal for families, pets or outdoor leisure.

Fibre-ready connectivity available for modern work-from-home, streaming, and fast internet needs. Pet-friendly (with body-corporate approval).

Proximity to amenities & transport: Near shopping centres like Flamingo, Greenstone Mall & Stoneridge Shopping Centre. Easy access to major highways (N3, R24, R25), which links Modderfontein to wider Johannesburg and beyond. Close to nature — including the Modderfontein Nature Reserve — offering walking trails and green-space.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

SecurityPoolGardenStorage shedPatioOpen planModern finishesGas hobDouble door fridgeClubhouse

Price & ownership

Asking price R 1 550 000
Price per m² R 14 904
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000