Property
South Africa

1

Beds

1

Baths

Apartment 1 bed 1 bath

About this property

Overview

This is a spacious 1-bedroom apartment in Berea, Johannesburg, located very close to the University of Johannesburg in Doornfontein and less than 5 minutes from Johannesburg CBD. The property offers excellent access to shops, schools, police, and many other essential amenities.

Features

  • Spacious bedroom with fitted cupboards
  • Ensuite bathroom
  • Big kitchen with ample space
  • Large dining area
  • Basement parking bay included

Additional Information

First-time buyers may be eligible for a FLISP government subsidy.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Dining Room

Features & amenities

Parking bayEnsuiteFitted cupboardsNear universityNear CBD

Price & ownership

Asking price R 260 000
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 260K
Taxes + legal + admin fees R 10,8K

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

  • Asking price R 260 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 332
  • Deeds lodgement R 52
  • Total indicative R 270 818

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 2 455 /month

Total paid over 20 years (deposit + repayments): R 615 262

Deposit 10% · R 26 000
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 234 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 260 000