Property
South Africa

2

Beds

2

Baths

2

Parking

125 m²

Floor area

Apartment 2 beds 2 baths 125 m²

About this property

Luxurious two-bedroom, two-bathroom apartment in the exclusive Elaleni Coastal Forest Estate, Sheffield Beach. Features an open-plan lounge and dining area that flows onto a spacious balcony with tranquil forest views.

The kitchen is equipped with a SMEG gas hob, space for a double-door fridge, and provisions for a washing machine and dishwasher, complemented by soft-close cupboards and modern fittings. Both bedrooms are air-conditioned and open onto the balcony, enhancing the bright, airy atmosphere.

The apartment includes a tandem garage for two vehicles and an additional open parking bay.

Residents have access to 24-hour security and a range of estate amenities, including a clubhouse, lap pool, children's pool, walking trails, harvest garden, and play area.

HOA Levy: R3,916.98 (including beach club levy) Sectional Levy: R1,100.00

Rooms & layout

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

Features & amenities

Air conditionedBalconyForest viewsSecurityPoolClubhouseGardenModern finishesOpen planSMEGgas hob

Price & ownership

Asking price R 3 150 000
Price per m² R 25 200
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 3,2M
Taxes + legal + admin fees R 179,7K

Rough split: 94.6% purchase price, 5.4% buying costs.

  • Asking price R 3 150 000
  • Transfer duty (est.) R 123 856
  • Deeds Office (transfer) R 2 737
  • Conveyancing (est., incl. VAT) R 53 015
  • Deeds lodgement R 52
  • Total indicative R 3 329 660

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 29 746 /month

Total paid over 20 years (deposit + repayments): R 7 454 138

Deposit 10% · R 315 000
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 2 835 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 150 000