Property
South Africa

3

Beds

2

Baths

1

Parking

8,962 m²

Floor area

8,962 m²

Stand size

Apartment 3 beds 2 baths 8,962 m²

About this property

Situated on the sought after Musgrave Road, this modern penthouse apartment offers a fantastic opportunity to start your next chapter. This contemporary residence provides the perfect balance of style, comfort and convenience. The spacious open plan living area flows into a sleek, fully equipped kitchen perfect for entertainment. Boasting stunning city views and panoramic vistas that enhance the bright, open atmosphere. Undercover parking is included, with a huge garage providing ample space to park up to six vehicles.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

PenthouseCity viewsPanoramic viewsOpen planUndercover parkingGarageModernContemporary

Price & ownership

Asking price R 5 300 000
Price per m² R 591
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 5,3M
Taxes + legal + admin fees R 443,1K

Rough split: 92.3% purchase price, 7.7% buying costs.

  • Asking price R 5 300 000
  • Transfer duty (est.) R 360 356
  • Deeds Office (transfer) R 4 606
  • Conveyancing (est., incl. VAT) R 78 106
  • Deeds lodgement R 52
  • Total indicative R 5 743 120

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 50 050 /month

Total paid over 20 years (deposit + repayments): R 12 541 883

Deposit 10% · R 530 000
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 4 770 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 5 300 000