Property
South Africa

3

Beds

3

Baths

3

Parking

153 m²

Floor area

Apartment 3 beds 3 baths 153 m²

About this property

Overview

Experience elevated living at Iconic, a landmark development in Melrose offering luxury, space, and exceptional lifestyle amenities. These expansive 3 bedroom, 3 bathroom residences are perfect for families, executives, or buyers seeking space without compromising on security or location.

Unit sizes range from 105m² to 153m². Bond and transfer costs are included.

Apartment Features

  • 3 generously sized bedrooms
  • 3.5 contemporary bathrooms
  • Designer kitchen with premium finishes
  • High-end oven, hob & extractor fan included
  • Floor-to-ceiling windows with 5-star views
  • Smart prepaid water & electricity
  • Essential water and solar backup
  • Fibre ready
  • Lock-up garages, basement parking & storage (selected units)
  • Upgrade packages and extras available on all units

Estate Amenities

  • Pool house & entertainment spaces
  • Landscaped deck & indigenous gardens
  • Multi-level atrium with internal gardens
  • Fully equipped fitness facility
  • Coffee bar & co-working hub
  • Kids' play area

Security

  • 24-hour access-controlled security
  • Off-site monitored CCTV
  • Controlled access points
  • Electrified perimeter fencing

Rooms & layout

Bedroom × 3
Bathroom × 3
Kitchen
Garage × 3

Features & amenities

PoolFitness facilitySecuritySolar backupFibre readySmart home technologyGardenCo working hubKids play areaCCTV

Price & ownership

Asking price R 3 550 000
Price per m² R 23 203
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 3,6M
Taxes + legal + admin fees R 229K

Rough split: 93.9% purchase price, 6.1% buying costs.

  • Asking price R 3 550 000
  • Transfer duty (est.) R 167 856
  • Deeds Office (transfer) R 3 085
  • Conveyancing (est., incl. VAT) R 58 055
  • Deeds lodgement R 52
  • Total indicative R 3 779 048

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 33 524 /month

Total paid over 20 years (deposit + repayments): R 8 400 695

Deposit 10% · R 355 000
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 3 195 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 550 000