Property
South Africa

3

Beds

2

Baths

4

Parking

146 m²

Floor area

House 3 beds 2 baths 146 m²

About this property

Discover your dream home in the secure and sought-after Penny Lane complex in Lincoln Meade. This charming simplex offers 3 well-appointed bedrooms, including a main ensuite, along with a neat family bathroom. For those who love cooking or entertaining, the home features a beautiful open-plan kitchen with granite countertops, seamlessly flowing into the lounge and dining area - perfect for family time and relaxed gatherings.

Step outside and enjoy your own private garden, an ideal play space for kids, a haven for pets, or a peaceful corner to unwind - making this home perfect for growing families as well as retired couples looking for a secure lock-up-and-go lifestyle.

The complex boasts an impressive communal leisure area, complete with two sparkling pools and a clubhouse - a fantastic venue for children's parties, weekend braais, or even watching the rugby with friends.

Safe, stylish, and family-friendly - this home ticks all the boxes.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Area
Garage × 4

Features & amenities

GardenSecurityBraaiPoolClubhouseOpen plan kitchenGranite countertopsEnsuiteFamily friendlySecure complex

Price & ownership

Asking price R 1 400 000
Price per m² R 9 589
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 1,4M
Taxes + legal + admin fees R 35,7K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 1 400 000
  • Transfer duty (est.) R 5 700
  • Deeds Office (transfer) R 1 217
  • Conveyancing (est., incl. VAT) R 28 750
  • Deeds lodgement R 52
  • Total indicative R 1 435 719

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 13 221 /month

Total paid over 20 years (deposit + repayments): R 3 312 950

Deposit 10% · R 140 000
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 400 000