3
Beds
1
Baths
1
Parking
140 m²
Floor area
About this property
This generously sized three-bedroom apartment presents a strong investment opportunity in the sought-after Pelham area. Offering excellent rental appeal, the unit features three well-proportioned bedrooms with built-in cupboards, ideal for student accommodation, young professionals, or small families.
The modern kitchen is fitted with granite countertops, ample built-in cupboards, and quality appliances including an oven, stove, and hob, ensuring low maintenance and long-term tenant satisfaction. A contemporary bathroom with bath, shower, and basin is complemented by a separate toilet, adding practicality for multi-tenant living.
Located in a neat, well-managed complex with secure parking, the apartment provides peace of mind and consistent demand. Its prime location close to shopping malls, a public library, creches, high schools, and the University of KwaZulu-Natal makes it particularly attractive for student and professional rentals, supporting strong occupancy and reliable returns.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.6% purchase price, 2.4% buying costs.
- Asking price R 800 000
- Deeds Office (transfer) R 695
- Conveyancing (est., incl. VAT) R 18 860
- Deeds lodgement R 52
- Total indicative R 819 607
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
Total paid over 20 years (deposit + repayments): R 1 893 114
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 720 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 800 000