Property
South Africa

3

Beds

2

Baths

1

Parking

743 m²

Floor area

Apartment 3 beds 2 baths 743 m²

About this property

Overview

Perfect family home in the heart of Melville, close to shopping centres, primary and high schools, varsities and easy access to major motorways.

Features

  • 3 bedrooms with built-in cupboards
  • 2 bathrooms
  • Kitchen with granite tops
  • Spacious lounge
  • Garage / pottery studio
  • Domestic quarters
  • Fabulous landscaped garden

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Garage
Domestic quarters

Features & amenities

Granite topsBICLandscaped gardenPottery studioDomestic quartersNear schoolsNear shopping

Price & ownership

Asking price R 1 500 000
Price per m² R 2 019
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 1,5M
Taxes + legal + admin fees R 40,5K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 500 000
  • Transfer duty (est.) R 8 700
  • Deeds Office (transfer) R 1 304
  • Conveyancing (est., incl. VAT) R 30 475
  • Deeds lodgement R 52
  • Total indicative R 1 540 531

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 14 165 /month

Total paid over 20 years (deposit + repayments): R 3 549 589

Deposit 10% · R 150 000
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 500 000