Property
South Africa

3

Beds

2

Baths

1

Parking

82 m²

Floor area

Apartment 3 beds 2 baths 82 m²

About this property

Overview

A renovated three bedroom, two bathroom apartment featuring new kitchen fittings and floor tiles.

Features

  • New kitchen fittings
  • New floor tiles
  • Secure and safe complex
  • Lock-up and go lifestyle

Location

Riverside Estate is conveniently located close to:

  • Government Complex
  • Shopping Centre
  • Other local amenities

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Garage

Features & amenities

SecurityLock up and goSecure complexRenovatedNew kitchenApartment

Price & ownership

Asking price R 1 350 000
Price per m² R 16 463
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 1,4M
Taxes + legal + admin fees R 33,3K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 1 350 000
  • Transfer duty (est.) R 4 200
  • Deeds Office (transfer) R 1 173
  • Conveyancing (est., incl. VAT) R 27 887
  • Deeds lodgement R 52
  • Total indicative R 1 383 312

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 12 748 /month

Total paid over 20 years (deposit + repayments): R 3 194 631

Deposit 10% · R 135 000
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 1 215 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 350 000