Property
South Africa

2

Beds

1

Baths

1

Parking

300 m²

Floor area

House 2 beds 1 bath 300 m²

About this property

Overview

Discover modern living in this brand-new 2-bedroom, 1-bathroom home situated in a secure new development in Balfour, Mpumalanga. Perfect for first-time buyers, small families, or investors, this cozy home offers comfort and convenience in a safe, well-planned community.

Features

  • Open-plan lounge and kitchen designed for easy living
  • Modern finishes throughout
  • Low-maintenance design
  • Prime location close to essential amenities

Location & Community

Located in a secure new development with a welcoming neighbourhood atmosphere, this home provides peace of mind with safe surroundings and access to nearby amenities.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Secure developmentModern finishesOpen planLow maintenanceNew build

Price & ownership

Asking price R 610 000
Price per m² R 2 033
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 610K
Taxes + legal + admin fees R 16,6K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 610 000
  • Deeds Office (transfer) R 530
  • Conveyancing (est., incl. VAT) R 16 019
  • Deeds lodgement R 52
  • Total indicative R 626 601

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 5 760 /month

Total paid over 20 years (deposit + repayments): R 1 443 500

Deposit 10% · R 61 000
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 549 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 610 000