Property
South Africa

2

Beds

1

Baths

1

Parking

69 m²

Floor area

Apartment 2 beds 1 bath 69 m²

About this property

Overview

This is a fantastic opportunity for motivated investors looking to expand their portfolio. This well-maintained apartment is ideally located in the vibrant neighborhood of Winchester Hills, offering a secure and comfortable living space.

Features & Amenities

Complex:

  • 24-hour security

Accommodation:

  • Two generously sized bedrooms with spacious built-in cupboards
  • Study nook, ideal for working from home
  • Tiled floors throughout
  • Generously proportioned bathroom with bathtub
  • Open-plan living area
  • Compact kitchen flowing into lounge
  • Balcony with braai area and views of the complex

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Study
Garage

Features & amenities

24 hour securityBalconyBraai areaBuilt in cupboardsOpen plan living

Price & ownership

Asking price R 610 000
Price per m² R 8 841
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