Property
South Africa

1

Beds

1

Baths

2

Parking

43 m²

Floor area

Apartment 1 bed 1 bath 43 m²

About this property

This immaculate, move-in-ready third-floor apartment in the heart of Ferndale offers the perfect blend of modern finishes and practical living. Ideal for investors, first-time buyers, single professionals, or young couples, this home delivers both comfort and convenience.

The contemporary kitchen features granite countertops, ample cupboard space, a gas stove, and space for a single-door fridge. It flows seamlessly into a bright, open-plan lounge that creates a welcoming atmosphere for everyday living.

The bedroom includes built-in cupboards, providing generous storage, while the neat bathroom features a basin, toilet and shower.

The apartment includes a secure covered carport, with additional visitor parking available. Residents enjoy peace of mind with 24-hour security and controlled access.

Additional features include prepaid electricity and lift access. Perfectly positioned close to major roads, schools, and essential amenities, this apartment offers secure, low-maintenance living in a prime location.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage × 2

Features & amenities

Granite countertopsBuilt in cupboardsGas stoveOpen plan loungeCovered carportVisitor parking24 hour securityLift accessPrepaid electricity

Price & ownership

Asking price R 690 000
Price per m² R 16 047
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 690K
Taxes + legal + admin fees R 17,9K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 690 000
  • Deeds Office (transfer) R 600
  • Conveyancing (est., incl. VAT) R 17 216
  • Deeds lodgement R 52
  • Total indicative R 707 868

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 6 516 /month

Total paid over 20 years (deposit + repayments): R 1 632 811

Deposit 10% · R 69 000
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 621 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 690 000