Property
South Africa

1

Beds

1

Baths

1

Parking

36 m²

Floor area

Apartment 1 bed 1 bath 36 m²

About this property

Overview

1 bedroom apartment/flat with lounge and bathroom. Currently with a tenant paying R6,000 per month. Good investment property.

Location

Located close to the University of Johannesburg.

Rooms & layout

Bedroom 1
Lounge
Bathroom
Parking
Garage

Features & amenities

Investment propertyTenant occupiedNear university

Price & ownership

Asking price R 610 000
Price per m² R 16 944
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 610K
Taxes + legal + admin fees R 16,6K

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

  • Asking price R 610 000
  • Deeds Office (transfer) R 530
  • Conveyancing (est., incl. VAT) R 16 019
  • Deeds lodgement R 52
  • Total indicative R 626 601

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 5 760 /month

Total paid over 20 years (deposit + repayments): R 1 443 500

Deposit 10% · R 61 000
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 549 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 610 000