Property
South Africa

2

Beds

2

Baths

1

Parking

72 m²

Floor area

Apartment 2 beds 2 baths 72 m²

About this property

This apartment is in a sought-after apartment complex which is a street away from the beach. Located on the middle floor which allows for easy access to the unit as well as its garage. This 2 Bedroom 2 Bathroom allows for Holiday Rentals. The stylish apartment is an investment opportunity and priced to sell soon. Either a lock up and go, or convenient seaside lifestyle, with all amenities within walking distance. The apartment also comes with a single lock up garage. The complex is walled around and has an easy access to the beach road. It has a communal pool and braai area.

Rooms & layout

Bedroom × 2
Bathroom × 2
Garage

Features & amenities

Beach proximityCommunal poolBraai areaSecurity gatesLock up garageHoliday rental potential

Price & ownership

Asking price R 2 250 000
Price per m² R 31 250
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 2,3M
Taxes + legal + admin fees R 92,5K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 250 000
  • Transfer duty (est.) R 48 786
  • Deeds Office (transfer) R 1 955
  • Conveyancing (est., incl. VAT) R 41 675
  • Deeds lodgement R 52
  • Total indicative R 2 342 468

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 21 247 /month

Total paid over 20 years (deposit + repayments): R 5 324 384

Deposit 10% · R 225 000
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 2 025 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 250 000