Property
South Africa

2

Beds

1

Baths

Apartment 2 beds 1 bath

About this property

Overview

Magnificent sectional title apartment with parking in a prime beachfront location. Ideal as a holiday home or income-generating investment apartment.

Features

  • 1.5 bedrooms
  • Enclosed balcony
  • Plenty of built-in cupboards
  • Fitted kitchen

Location & Amenities

  • Right next door to the Ice Rink
  • Short stroll to Suncoast Entertainment World
  • Next door to Spar Supermarket and KFC
  • Across the road from the Promenade, North Beach & Prestige Hotels, and Mini Town
  • All amenities on your doorstep

Security

  • 24/7 manned security

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

ParkingBalconySecurityBeachfrontFitted kitchenBuilt in cupboardsSectional title

Price & ownership

Asking price R 920 000
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 920K
Taxes + legal + admin fees R 21,5K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 920 000
  • Deeds Office (transfer) R 799
  • Conveyancing (est., incl. VAT) R 20 654
  • Deeds lodgement R 52
  • Total indicative R 941 505

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 8 688 /month

Total paid over 20 years (deposit + repayments): R 2 177 082

Deposit 10% · R 92 000
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 828 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 920 000