Property
South Africa

2

Beds

2

Baths

1

Parking

90 m²

Floor area

Apartment 2 beds 2 baths 90 m²

About this property

Overview

Magnificently renovated sectional title apartment (90 m²) in a sought-after building in North Beach. Bright, airy spaces with natural light flowing throughout. Well-managed and maintained building located in prime North Beach, walking distance to the famous Promenade, beach, shopping centres, medical centre, ice rink and restaurants.

Features

  • Open-plan living area with spacious lounge and dining area
  • Spacious kitchen with built-in cupboards, quartz tops, hob, undercounter oven, and breakfast nook
  • Plumbed for washing machine
  • Enclosed balcony area
  • Main bedroom with built-in cupboards and high gloss, ultra-modern finishers
  • Two complete bathrooms with showers, toilets and bath tubs, renovated to high standard with top-of-the-range fixtures and fittings
  • One undercover parking bay

Location

Walking distance to:

  • Famous Promenade
  • Beach
  • Shopping centres
  • Medical centre
  • Ice rink
  • Restaurants

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Garage

Features & amenities

Sectional titleRenovatedOpen planBalconyParkingNear beach

Price & ownership

Asking price R 1 400 000
Price per m² R 15 556
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 1,4M
Taxes + legal + admin fees R 35,7K

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

  • Asking price R 1 400 000
  • Transfer duty (est.) R 5 700
  • Deeds Office (transfer) R 1 217
  • Conveyancing (est., incl. VAT) R 28 750
  • Deeds lodgement R 52
  • Total indicative R 1 435 719

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 13 221 /month

Total paid over 20 years (deposit + repayments): R 3 312 950

Deposit 10% · R 140 000
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 400 000