Property
South Africa

3

Beds

2

Baths

2

Parking

216 m²

Floor area

2,020 m²

Stand size

House 3 beds 2 baths 216 m²

About this property

Presenting an exceptional residential offering in the desirable coastal and suburban enclave of Pennington, this meticulously maintained property spans an impressive 2020.00 sqm erf with a substantial 216.00 sqm under roof, 5 mins walk from a Blue Flag beach.

The residence immediately impresses with its robust brick construction, classic tiled roof, and a welcoming covered veranda, complemented by a paved driveway and established garden. This multi-level structure is thoughtfully designed to integrate seamlessly with its natural, treed surroundings, offering both privacy and aesthetic appeal.

Upon entry, the home reveals a spacious, open-plan interior, characterized by abundant natural light streaming through large windows and glass doors. The living areas feature durable tiled flooring, neutral wall palettes, and elegant crown molding, providing a sophisticated yet versatile canvas for personal customisation. Recessed lighting and ceiling fans enhance comfort, while an air conditioning unit ensures optimal climate control. The layout includes a dedicated lounge and dining room, fostering an environment conducive to both relaxation and formal entertaining. A built-in cabinet unit offers practical storage and display solutions, further enhancing the functional elegance of the space.

The modern U-shaped kitchen is a focal point, equipped with contemporary white upper and wood-effect lower cabinetry, light countertops, and a stylish subway tile backsplash. It boasts an integrated gas hob, oven, and extractor fan, catering to culinary enthusiasts. The open-plan design seamlessly connects the kitchen to a dedicated dry bar/buffet area, perfect for social gatherings. This well-appointed kitchen ensures both efficiency and aesthetic appeal.

The residence comprises three generously proportioned bedrooms and two well-appointed bathrooms, including a private en-suite. Each bedroom benefits from ample natural light, with one featuring an integrated three-drawer storage unit, underscoring the home's commitment to practical living. The design prioritises comfort and privacy for all occupants.

Outdoor living is a highlight, with a spacious, curved patio and an additional covered outdoor area, ideal for al fresco dining and relaxation amidst lush greenery. The property features a well-maintained garden, providing a serene retreat. Practical amenities include a double garage, a secure fence, and an access gate, ensuring peace of mind. Pets are permitted, adding to the home's family-friendly appeal. Furthermore, the property is equipped with water tanks and fibre connectivity, enhancing both sustainability and modern convenience.

Rooms & layout

Bedroom × 3
Bathroom × 2
En-suite
Kitchen
Lounge
Dining Room
Garage × 2

Features & amenities

Air conditioningBlue flag beachBrick constructionBuilt in storageCovered patioDouble garageEstablished gardenFibre connectivityGardenGas hob

Price & ownership

Asking price R 2 250 000
Price per m² R 10 417
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 2,3M
Taxes + legal + admin fees R 92,5K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 250 000
  • Transfer duty (est.) R 48 786
  • Deeds Office (transfer) R 1 955
  • Conveyancing (est., incl. VAT) R 41 675
  • Deeds lodgement R 52
  • Total indicative R 2 342 468

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 21 247 /month

Total paid over 20 years (deposit + repayments): R 5 324 384

Deposit 10% · R 225 000
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 2 025 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 250 000