Property
South Africa

2

Beds

2

Baths

1

Parking

68 m²

Floor area

Commercial 2 beds 2 baths 68 m²

About this property

Located in the secure and sought-after Forest Waters Lifestyle Village in the peaceful suburb of Chase Valley, Pietermaritzburg, this modern unit offers the perfect blend of comfort, style, and convenience. Designed with both practicality and contemporary living in mind, it presents an ideal opportunity for homeowners and investors alike.

The property features a spacious main bedroom, perfect for relaxation, complemented by a light-filled open-plan lounge that flows effortlessly into a well-appointed kitchen. The kitchen boasts modern finishes, a built-in stove, and plumbing for appliances, creating a functional yet stylish space.

Two well-designed bathrooms, each fitted with a shower, provide added convenience and privacy for both residents and guests.

A standout feature of the home is the split loft design, offering a bright and versatile space that includes a second bedroom with built-in cupboards. This adaptable area can easily serve as a guest room, home office, or creative workspace.

Additional features include prepaid electricity for easy budgeting, stylish tiled flooring throughout, covered parking for convenience and protection, and a modern kitchen with ample storage space. The estate offers 24-hour security, controlled access, and regular patrols, ensuring a safe and secure environment. Surrounded by lush greenery, residents can enjoy a tranquil and relaxed lifestyle.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

SecurityGated communityModern finishesBuilt in stoveCovered parkingLoft designOpen planTiled flooring

Price & ownership

Asking price R 1 250 000
Price per m² R 18 382
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 1,3M
Taxes + legal + admin fees R 28,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 250 000
  • Transfer duty (est.) R 1 200
  • Deeds Office (transfer) R 1 086
  • Conveyancing (est., incl. VAT) R 26 162
  • Deeds lodgement R 52
  • Total indicative R 1 278 500

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 11 804 /month

Total paid over 20 years (deposit + repayments): R 2 957 991

Deposit 10% · R 125 000
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 1 125 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 250 000