Property
South Africa

2

Beds

2

Baths

2

Parking

65 m²

Floor area

Apartment 2 beds 2 baths 65 m²

About this property

Overview

Discover refined, contemporary living at Iconic in Melrose — perfectly suited for professionals, couples, or savvy investors. These spacious 2 bedroom, 2 bathroom apartments offer the ideal balance between comfort, style, and functionality.

Unit sizes range from 65m² to 71m². Bond and transfer costs are included.

Apartment Features

  • 2 spacious bedrooms
  • 2 modern bathrooms
  • Designer kitchen with premium finishes
  • Oven, hob & extractor fan included
  • Floor-to-ceiling windows flooding the living area with natural light
  • 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 areas
  • Landscaped deck & indigenous gardens
  • Fitness facility
  • Coffee bar & co-working space
  • Innovative internal garden atrium
  • Kids' play area

Security

  • 24-hour access control
  • CCTV monitoring
  • Controlled pedestrian & vehicle access
  • Electrified perimeter security

Live in a secure, environmentally conscious building designed for modern urban lifestyles.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 2

Features & amenities

PoolGardenSecurityFitness facilityParkingSolar backupFibre readyContemporary designFloor to ceiling windows

Price & ownership

Asking price R 2 300 000
Price per m² R 35 385
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 2,3M
Taxes + legal + admin fees R 96,1K

Rough split: 96.0% purchase price, 4.0% buying costs.

  • Asking price R 2 300 000
  • Transfer duty (est.) R 51 786
  • Deeds Office (transfer) R 1 999
  • Conveyancing (est., incl. VAT) R 42 305
  • Deeds lodgement R 52
  • Total indicative R 2 396 142

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 21 720 /month

Total paid over 20 years (deposit + repayments): R 5 442 704

Deposit 10% · R 230 000
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 2 070 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 300 000