Property
South Africa

2

Beds

1

Baths

1

Parking

81 m²

Floor area

Apartment 2 beds 1 bath 81 m²

About this property

Experience the perfect blend of city convenience and suburban tranquility in this architecturally designed 1st-floor apartment. Nestled in a quiet cul-de-sac in one of Summerset's most exclusive streets, this home offers high-end finishes, spectacular garden views, and complete peace of mind with installed backup power solutions.

Key Features:

Energy Efficient & Load-Shedding Ready • Equipped with a newly fitted 3 KVA UPS, keeping most of the home running during power outages • Smart Geyser Timer (manageable via smartphone) for energy savings and convenience • LED lighting installed throughout the apartment • Gas cooktop ensures you can prepare meals even when the grid is down

Modern Interior & Living • Open-plan living area with high ceilings creating a bright, airy atmosphere • Chef's Kitchen: Features Caesarstone benchtops, gas cooktop with extractor fan, and additional built-in cupboards for ample storage • Master Bedroom: Luxuriously appointed with breathtaking garden views • Bathroom: Stylishly finished with floor-to-ceiling tiles

Exterior & Lifestyle • Large entertainer's balcony with extra storage space • Elevated position provides captivating views of manicured gardens • Impressive street appeal

Security & Location • 24/7 gated security with intercom access, Xpanda burglar bars and Trellidors • Walking distance to private schools and public transport • Located in a quiet cul-de-sac with convenient city access routes

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony
Garage

Features & amenities

Energy efficientLoad shedding readyUPS backup powerSmart geyser timerLED lightingGas cooktopOpen plan livingHigh ceilingsCaesarstone benchtopsGarden views

Price & ownership

Asking price R 890 000
Price per m² R 10 988
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 890K
Taxes + legal + admin fees R 21K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 890 000
  • Deeds Office (transfer) R 773
  • Conveyancing (est., incl. VAT) R 20 206
  • Deeds lodgement R 52
  • Total indicative R 911 031

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 8 405 /month

Total paid over 20 years (deposit + repayments): R 2 106 090

Deposit 10% · R 89 000
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 801 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 890 000