Property
South Africa

1

Beds

1

Baths

57 m²

Floor area

Apartment 1 bed 1 bath 57 m²

About this property

Overview

Discover contemporary urban living in this stylish 1-bedroom, 1-bathroom modern flat, perfectly situated on the iconic Florida Road. Whether you're looking for a prime investment opportunity or a primary residence, this versatile property is an excellent choice.

Features

The flat boasts a sleek, open-concept layout, seamlessly integrating the lounge, dining space, and kitchen to create a spacious and inviting atmosphere. Large windows flood the living area with natural light, enhancing the sense of openness and modern appeal.

The well-designed bedroom features built-in storage solutions, ensuring a clutter-free and efficient living space. The bathroom is fitted with contemporary fixtures and a minimalist aesthetic, adding to the flat's sophisticated charm.

Investment Potential

With its sought-after location and Airbnb potential, this flat offers the perfect blend of convenience, style, and investment value.

Rooms & layout

Bedroom
Bathroom
Lounge
Kitchen
Dining Area

Features & amenities

ModernBuilt in storageOpen conceptNatural lightInvestment opportunityAirbnb potential

Price & ownership

Asking price R 970 000
Price per m² R 17 018
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 970K
Taxes + legal + admin fees R 22,3K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 970 000
  • Deeds Office (transfer) R 843
  • Conveyancing (est., incl. VAT) R 21 402
  • Deeds lodgement R 52
  • Total indicative R 992 297

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 9 160 /month

Total paid over 20 years (deposit + repayments): R 2 295 401

Deposit 10% · R 97 000
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 873 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 970 000