Property
South Africa

2

Beds

1

Baths

53 m²

Floor area

Apartment 2 beds 1 bath 53 m²

About this property

Located in the well-managed and secure Midriver Estate, this first-floor apartment offers practical comfort and reliable estate living close to all major amenities in Kempton Park.

Property Features: 2 well-sized bedrooms with built-in cupboards 1 full bathroom Open-plan kitchen and living area with good natural light Private balcony – ideal for fresh air and quiet time First-floor position for added privacy and security

Estate Benefits: 24-hour security with controlled access Clean, maintained communal areas Family-friendly environment Easy access to schools, shops, public transport routes, and OR Tambo International Airport

This unit is suitable for first-time buyers, investors, or anyone looking for a secure lock-up-and-go home in a well-situated estate.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

SecurityBalconyBuilt in cupboardsOpen plan kitchenEstate livingFirst floorLock up and go

Price & ownership

Asking price R 510 000
Price per m² R 9 623
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 510K
Taxes + legal + admin fees R 15K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 510 000
  • Deeds Office (transfer) R 443
  • Conveyancing (est., incl. VAT) R 14 524
  • Deeds lodgement R 52
  • Total indicative R 525 019

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 4 816 /month

Total paid over 20 years (deposit + repayments): R 1 206 860

Deposit 10% · R 51 000
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 459 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 510 000