Property
South Africa

3

Beds

2

Baths

2

Parking

240 m²

Floor area

House 3 beds 2 baths 240 m²

About this property

Brand-new development in Rietvalleirand – all costs included in the selling price.

The modern simplexes in this security complex presents an excellent opportunity for investors, first-time buyers, or those looking to scale down without compromising on quality or comfort.

Property Features:

• Contemporary, ultra-modern finishes throughout • Three spacious bedrooms with built-in cupboards • Two full bathrooms, including a main en-suite • Open-plan kitchen and living area leading to a covered patio with built-in braai • Stylish kitchen designed to accommodate a double-door fridge and three appliances • Gas hob with electric oven • Private, pet-friendly garden • Double automated garage

Additional Features:

• Solar geyser • Solar backup system • Backup water supply (borehole) • Individually metered water consumption • Prepaid electricity • Fibre-ready connectivity • 24/7 security within the complex

Ideally located close to top schools, sporting facilities, malls, and major shopping centres, this development offers convenience and peace of mind. Easy access to R21 and N1 highways.

Phase 3 and Phase 4 units are now available for reservation.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Garage × 2

Features & amenities

Security complexSolar geyserSolar backupBoreholeFibre readyPet friendly gardenBraaiDouble garageModern finishesBuilt in cupboards

Price & ownership

Asking price R 2 600 000
Price per m² R 10 833
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 2,6M
Taxes + legal + admin fees R 123,6K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 600 000
  • Transfer duty (est.) R 75 200
  • Deeds Office (transfer) R 2 259
  • Conveyancing (est., incl. VAT) R 46 085
  • Deeds lodgement R 52
  • Total indicative R 2 723 596

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 24 553 /month

Total paid over 20 years (deposit + repayments): R 6 152 622

Deposit 10% · R 260 000
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 2 340 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 600 000