Property
South Africa

1

Beds

1

Baths

1

Parking

Apartment 1 bed 1 bath

About this property

This neat and well-maintained apartment in the popular Urban Living complex offers a fantastic investment opportunity with a tenant already in place until December 2026.

The apartment features a modern open-plan kitchen with built-in cupboards that flows seamlessly into a spacious, sun-filled living area. From here, a small private balcony provides a pleasant spot to relax and enjoy some fresh air.

The bedroom is comfortably sized and fitted with built-in cupboards, while the bathroom is neatly finished and equipped with a bath/shower, basin, and toilet.

Urban Living offers a convenient and secure lifestyle, making it a popular choice for tenants and investors alike.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Balcony
Garage

Features & amenities

ApartmentUrban living complexSecureTenant in placeInvestment opportunityOpen plan kitchenBuilt in cupboardsBalconySun filled

Price & ownership

Asking price R 390 000
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 390K
Taxes + legal + admin fees R 13K

Rough split: 96.8% purchase price, 3.2% buying costs.

  • Asking price R 390 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 522
  • Deeds lodgement R 52
  • Total indicative R 403 008

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 3 683 /month

Total paid over 20 years (deposit + repayments): R 922 893

Deposit 10% · R 39 000
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 351 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 390 000