Property
South Africa

1

Beds

1

Baths

60 m²

Floor area

Apartment 1 bed 1 bath 60 m²

About this property

This 60 square meter apartment makes exceptional use of space, with a clever layout that comfortably accommodates three separate sleeping areas. Originally a one-bedroom unit, the design has been thoughtfully reimagined to maximize functionality while maintaining a bright, open feel. Currently tenanted, this property is an excellent investment opportunity or future home with built-in versatility.

Rooms & layout

Bedroom 1
Room × 2
Bathroom

Features & amenities

Investment propertyTenantedOpen planCompact

Price & ownership

Asking price R 340 000
Price per m² R 5 667
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 340K
Taxes + legal + admin fees R 12,2K

Rough split: 96.5% purchase price, 3.5% buying costs.

  • Asking price R 340 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 11 679
  • Deeds lodgement R 52
  • Total indicative R 352 165

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 3 211 /month

Total paid over 20 years (deposit + repayments): R 804 574

Deposit 10% · R 34 000
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 306 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 340 000