Property
South Africa

2

Beds

2

Baths

1

Parking

71 m²

Floor area

Apartment 2 beds 2 baths 71 m²

About this property

Modern golf-side apartment with security top of mind, ideal location and super investment opportunity. Located on the 2nd floor of a relatively new development complex in Ruimsig, this modern 2-bedroom apartment offers an excellent opportunity and appeal. Open-plan living, dining, and modern-style kitchen through the front door, flowing onto a private patio. Positioned across from the Ruimsig Golf course, many nearby attractive shopping centres, main roads, Monash University and Crawford International School. The unit includes a dedicated covered parking, an on-site social area and a park. Property is being sold on auction (Non-Distressed) with opening bid at R699,000.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Patio
Garage

Features & amenities

SecurityGolf course nearbyModernOpen planCovered parkingOn site social areaParkApartment

Price & ownership

Asking price R 690 000
Price per m² R 9 718
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