Property
South Africa

1

Beds

1

Baths

1

Parking

84 m²

Floor area

Commercial 1 bed 1 bath 84 m²

About this property

Experience upscale living in this stylish 1-bedroom, 1-bathroom apartment offering modern finishes, sleek open-plan design, and prime positioning in a highly desirable area. Direct beach and Promenade access. Complex boasts restaurants, gym, shops, state of the art security. Close to schools, golf courses, shopping centres, hospitals, office parks, 15 minutes to King Shaka Airport & CBD

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Parking
Garage

Features & amenities

Modern finishesOpen planBeach accessGymRestaurantsShopsSecuritySchools nearbyGolf courses nearbyShopping centres nearby

Price & ownership

Asking price R 3 500 000
Price per m² R 41 667
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 3,5M
Taxes + legal + admin fees R 222,9K

Rough split: 94.0% purchase price, 6.0% buying costs.

  • Asking price R 3 500 000
  • Transfer duty (est.) R 162 356
  • Deeds Office (transfer) R 3 042
  • Conveyancing (est., incl. VAT) R 57 425
  • Deeds lodgement R 52
  • Total indicative R 3 722 875

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 33 052 /month

Total paid over 20 years (deposit + repayments): R 8 282 375

Deposit 10% · R 350 000
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 3 150 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 500 000