Property
South Africa

12

Beds

6

Baths

6

Parking

743 m²

Floor area

Apartment 12 beds 6 baths 743 m²

About this property

12 bedroom apartment complex for sale with great rental income. Fantastic investment opportunity. This complex consists of 5 units: 3 units with 2 bedrooms and 2 units with 3 bedrooms. Double-story complex with ample parking. Every apartment has a built-in braai on their own patio or balcony with the exception of one upstairs unit. The units include a modern open plan kitchen in each unit with a spacious lounge/family room. All rooms have built-in cupboards and bathrooms have showers and baths. Secure parking for each unit and access gate. Situated in a quiet street in a very popular suburb. Schoemansville is a lovely suburb, close to Village Mall, schools, and doctors' offices. With tenants currently in each unit, this is a perfect investment opportunity with low maintenance.

Rooms & layout

Bedroom × 12
Bathroom × 6
Kitchen
Lounge/Family Room
Garage × 6

Features & amenities

Investment propertyApartment complexBraaiSecure parkingAccess gateRental incomeLow maintenanceModern kitchen

Price & ownership

Asking price R 5 800 000
Price per m² R 7 806
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 5,8M
Taxes + legal + admin fees R 501,5K

Rough split: 92.0% purchase price, 8.0% buying costs.

  • Asking price R 5 800 000
  • Transfer duty (est.) R 415 356
  • Deeds Office (transfer) R 5 040
  • Conveyancing (est., incl. VAT) R 81 073
  • Deeds lodgement R 52
  • Total indicative R 6 301 521

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 54 771 /month

Total paid over 20 years (deposit + repayments): R 13 725 079

Deposit 10% · R 580 000
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 5 220 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 5 800 000