Property
South Africa

2

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 2 beds 1 bath 50 m²

About this property

Affordable, Secure Living in Prime Kenmare – Ideal for First-Time Buyers & Investors. This well-positioned 2-bedroom apartment in Villa Illario offers unbeatable value for money in the heart of Kenmare – making it the perfect opportunity to enter the property market or secure a high-demand rental investment.

Designed for easy, modern living, the apartment features a bright open-plan kitchen and lounge area that creates a comfortable and functional living space. The layout is ideal for both everyday living and entertaining.

Both bedrooms are well-sized with good natural light, while the bathroom is neat and practical.

Property Features: • 2 Bedrooms • 1 Bathroom • Open-plan kitchen & lounge • Covered parking • 24-hour security • Fibre-ready connectivity

Located on Terenure Avenue, this apartment offers quick access to main routes, schools, shopping centres, and essential amenities—ensuring convenience and strong rental appeal.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

ApartmentOpen plan kitchenCovered parking24 hour securityFibre ready

Price & ownership

Asking price R 440 000
Price per m² R 8 800
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 440K
Taxes + legal + admin fees R 13,9K

Rough split: 96.9% purchase price, 3.1% buying costs.

  • Asking price R 440 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 364
  • Deeds lodgement R 52
  • Total indicative R 453 850

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 4 155 /month

Total paid over 20 years (deposit + repayments): R 1 041 213

Deposit 10% · R 44 000
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 396 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 440 000