2
Beds
1
Baths
2
Parking
104 m²
Floor area
About this property
Overview
Priced to Sell – Excellent Investment Opportunity. A great opportunity for the right buyer to unlock value at an attractive price. This spacious 104m² apartment presents a fantastic opportunity for investors or buyers looking to add value. Ideally suited for rental to workers in the nearby industrial area, the location offers strong potential for consistent demand.
Features
- 2 well-sized bedrooms
- Large kitchen with generous proportions
- Bathroom with generous proportions
- Expansive lounge
- Sunny balcony with natural light and outdoor space
- 1 lock-up garage
- Ample additional parking space for 2nd vehicle and visitors
Notes
While the unit does require renovation, it offers the perfect canvas to transform into a high-yield rental or comfortable living space.
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: 96.7% purchase price, 3.3% buying costs.
- Asking price R 370 000
- Deeds Office (transfer) R 434
- Conveyancing (est., incl. VAT) R 12 185
- Deeds lodgement R 52
- Total indicative R 382 671
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 875 565
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 333 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 370 000