Property
South Africa

1

Beds

1

Baths

1

Parking

62 m²

Floor area

Apartment 1 bed 1 bath 62 m²

About this property

Glenhaven Retirement Village – Tranquil 1-bedroom unit available for pensioners 60 years and older. Enjoy peaceful, secure retirement living in this neat 1-bedroom unit, featuring an ensuite shower and a spacious open-plan kitchen, dining room, and lounge. This pet-friendly village is set in beautifully maintained gardens and offers communal lounge, braai area, dining room serving affordable meals, games room, library, and laundry service (R65 wash-dry-iron). Fibre internet to your apartment. Monthly levy of R3,286 includes water, electricity, security, and maintenance. Transfer costs R5,000 plus VAT.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Dining room
Lounge
Parking
Garage

Features & amenities

Retirement villagePet friendlyEnsuiteOpen planSecurityFibreBraai areaGames roomLibraryLaundry service

Price & ownership

Asking price R 450 000
Price per m² R 7 258
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 450K
Taxes + legal + admin fees R 14K

Rough split: 97.0% purchase price, 3.0% buying costs.

  • Asking price R 450 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 533
  • Deeds lodgement R 52
  • Total indicative R 464 019

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 4 249 /month

Total paid over 20 years (deposit + repayments): R 1 064 877

Deposit 10% · R 45 000
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 405 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 450 000