Property
South Africa

1

Beds

1

Baths

1

Parking

33 m²

Floor area

House 1 bed 1 bath 33 m²

About this property

Immaculately presented, this exquisite 1 bedroom, 1 bathroom Lock Up and Ground Floor unit is nestled within the highly sought-after Westhaven block of flats in the heart of Pietermaritzburg central. Boasting a strategic ground floor location, this residence offers unparalleled convenience, being in close proximity to an array of amenities and transport routes. Ideal for astute investors or discerning first-time buyers, this property presents a unique opportunity to acquire a rental asset of exceptional quality.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Garage

Features & amenities

Ground floorLock upBlock of flatsInvestment property

Price & ownership

Asking price R 340 000
Price per m² R 10 303
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