Property
South Africa

2

Beds

1

Baths

54 m²

Floor area

Apartment 2 beds 1 bath 54 m²

About this property

Overview

High up with harbour views, this new apartment on the market offers excellent investment potential. The space has been converted from a one-bedroom to a two-bedroom layout. Please note there is no separate living or dining room.

Features

  • Harbour views
  • Two bedrooms (converted from one bedroom)
  • Strong investment opportunity

Rooms & layout

Bedroom × 2
Bathroom
Kitchen

Features & amenities

Harbour viewsApartmentInvestment

Price & ownership

Asking price R 540 000
Price per m² R 10 000
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 540K
Taxes + legal + admin fees R 15,5K

Rough split: 97.2% purchase price, 2.8% buying costs.

  • Asking price R 540 000
  • Deeds Office (transfer) R 469
  • Conveyancing (est., incl. VAT) R 14 973
  • Deeds lodgement R 52
  • Total indicative R 555 494

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 5 099 /month

Total paid over 20 years (deposit + repayments): R 1 277 852

Deposit 10% · R 54 000
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 486 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 540 000