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About this property
Sky-High Living with Stunning Views in the Heart of Parktown
Welcome to this charming 8th-floor apartment at 48 Majestic Towers, ideally located at 38 Empire Road, Parktown. This well-positioned unit offers comfortable city living with beautiful elevated views and excellent building amenities—perfect for professionals, first-time buyers, or investors.
Step into a spacious and light-filled lounge and dining area that opens onto a large private balcony, where you can enjoy breathtaking views of the surrounding skyline—ideal for relaxing after a long day or entertaining guests.
The apartment features one generously sized bedroom with built-in cupboards, providing plenty of storage space and comfort. The bathroom is neatly fitted with a shower, and there is an additional linen cupboard for extra convenience.
The kitchen offers ample cupboard space, a gas stove, and room for a fridge, making it both practical and functional for everyday living.
Building Features:
- 24-hour security with controlled access
- Welcoming lobby area with post boxes
- Elevators for easy access
- Swimming pool for residents to enjoy
- Secure underground parking
Situated in a prime location close to major routes, universities, hospitals, and business hubs, this apartment offers excellent convenience and investment potential.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.5% purchase price, 2.5% buying costs.
- Asking price R 730 000
- Deeds Office (transfer) R 634
- Conveyancing (est., incl. VAT) R 17 814
- Deeds lodgement R 52
- Total indicative R 748 500
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
Total paid over 20 years (deposit + repayments): R 1 727 467
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 657 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 730 000