Property
South Africa

2

Beds

2

Baths

1

Parking

61 m²

Floor area

Apartment 2 beds 2 baths 61 m²

About this property

Your ideal home or investment opportunity awaits.

Step into this beautifully maintained 2-bedroom, 2-bathroom apartment located in the secure and well-managed Waterfall Ridge complex. Whether you're a first-time buyer, downsizing, or expanding your investment portfolio, this unit offers exceptional value in a highly sought-after area.

Property Features: • Modern open-plan living area ideal for comfort and entertaining • 2 well-sized bedrooms with great natural lighting • Contemporary bathrooms with quality finishes • Secure lifestyle estate with 24-hour security, access control, and excellent upkeep • Fantastic amenities including a swimming pool, clubhouse, and children's play area

Prime Location — Everything at Your Doorstep: Located in the heart of Waterfall, this complex offers unbeatable convenience. Within minutes you will find: • Mall of Africa • Waterfall Corner and Waterfall Wilds • Netcare Waterfall City Hospital • N1 Highway (easy access via Allandale) • Schools: Curro Waterfall, Reddam House Waterfall, Little Minds Academy • Corporate Offices in Waterfall City, ideal for professionals • Public transport routes and Gautrain bus stops nearby

Investment Advantages: • Strong rental demand in the Waterfall precinct • Secure, well-maintained complex that appeals to long-term tenants • Excellent potential for capital appreciation

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

SecuritySwimming poolClubhouseChildren's play area24 hour securityAccess controlModern finishesOpen plan livingNatural lighting

Price & ownership

Asking price R 910 000
Price per m² R 14 918
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 910K
Taxes + legal + admin fees R 21,3K

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

  • Asking price R 910 000
  • Deeds Office (transfer) R 791
  • Conveyancing (est., incl. VAT) R 20 505
  • Deeds lodgement R 52
  • Total indicative R 931 348

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 8 593 /month

Total paid over 20 years (deposit + repayments): R 2 153 418

Deposit 10% · R 91 000
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 819 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 910 000