Property
South Africa

2

Beds

1

Baths

81 m²

Floor area

Apartment 2 beds 1 bath 81 m²

About this property

Offered for sale at R325 000, this two-bedroom apartment in the well-known Elfrida Mansions occupies a floor in a solid multi-storey brick building in the heart of Yeoville, Johannesburg. The 81 m² unit provides a practical and spacious layout comprising two bedrooms with parquet flooring and good natural light, a lounge, a single bathroom, and a compact kitchen fitted with cream-painted built-in cupboards, a laminate countertop, double sink, four-plate electric stove with extractor hood, and fully tiled walls — offering a blank canvas for modernisation. Security is well-considered with a gated entrance, security bars on windows, and dedicated parking. The building's brick façade, balconies, and large windows give it a robust mid-century character. Practically located on foot: Jozi Supermarket is roughly 215 m away, Yeoville Boxer Superstores approximately 265 m, and the Webb Street bus stop a mere 120 m — making car-free daily living highly feasible. The property represents strong value for a first-time buyer, student, or buy-to-let investor seeking a foothold in vibrant inner-city Johannesburg.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Parking

Features & amenities

Gated entranceSecure parkingBalconyBuilt in wardrobesStudent accommodationInvestment potentialBrick buildingParquet flooringWindow security barsElectric stove

Price & ownership

Asking price R 370 000
Price per m² R 4 568
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 370K
Taxes + legal + admin fees R 12,7K

Rough split: 96.7% purchase price, 3.3% buying costs.

  • Asking price R 370 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 185
  • Deeds lodgement R 52
  • Total indicative R 382 671

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 3 494 /month

Total paid over 20 years (deposit + repayments): R 875 565

Deposit 10% · R 37 000
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 333 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 370 000