Property
South Africa

2

Beds

1

Baths

1

Parking

64 m²

Floor area

Apartment 2 beds 1 bath 64 m²

About this property

This 2-bedroom apartment offers an excellent opportunity for buyers looking to renovate and add their own personal touch. The property requires renovation and a bit of DIY, making it ideal for investors or first-time buyers with vision.

The apartment features two bedrooms, a living area, a kitchen, and a bathroom, all ready for upgrading and customization. With some refurbishment, this space has the potential to become a comfortable home or a valuable investment property.

Conveniently located close to schools and a small shopping centre, with easy access to essential amenities, this apartment is a great blank canvas for those looking to create value.

Renovation project • Great potential • Ideal investment

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Renovation projectInvestment opportunityClose to schoolsNear shopping centre

Price & ownership

Asking price R 600 000
Price per m² R 9 375
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 600K
Taxes + legal + admin fees R 16,4K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 600 000
  • Deeds Office (transfer) R 521
  • Conveyancing (est., incl. VAT) R 15 870
  • Deeds lodgement R 52
  • Total indicative R 616 443

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 5 666 /month

Total paid over 20 years (deposit + repayments): R 1 419 836

Deposit 10% · R 60 000
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 540 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 600 000