Property
South Africa

1

Beds

1

Baths

1

Parking

63 m²

Floor area

Apartment 1 bed 1 bath 63 m²

About this property

Exclusive Mandate. Ideally located in African Palms, directly opposite Gateway Theatre of Shopping, this well-positioned one bedroom apartment offers comfortable and convenient living in the heart of Umhlanga Ridge.

The apartment features an open-plan living area where the kitchen and lounge flow onto a covered balcony with views. The kitchen is fitted with granite countertops and offers ample cupboard space.

Accommodation includes one well-sized bedroom with built-in cupboards and a full bathroom fitted with both a bath and shower.

African Palms is a sought-after apartment complex with a rooftop pool and is within walking distance of shops, restaurants, cafés, cinemas, and entertainment, making it ideal for professionals, first-time buyers, or investors looking for a property in a prime Umhlanga location.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Rooftop poolBalconyGranite countertopsBuilt in cupboardsOpen planNear shopsNear restaurants

Price & ownership

Asking price R 1 550 000
Price per m² R 24 603
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000