Property
South Africa

5

Beds

2

Baths

2

Parking

358 m²

Floor area

Apartment 5 beds 2 baths 358 m²

About this property

This unit is currently being rented out as a self-catering unit, widely known for customer service. Walk in to patio area and a generous, sizeable open plan lounge with indoor BBQ and dining room. Kitchen, 2 bathrooms and 5 bedrooms. Small flat in the back. Location-wise, perfect spot in a sought-out and popular area, really short distance from the Kreef Street and Save Swimming Beach area.

Rooms & layout

Bedroom × 5
Bathroom × 2
Kitchen
Lounge
Dining Room
Patio
Garage × 2

Features & amenities

Self cateringIndoor BBQOpen planPatioBeach accessRental income potential

Price & ownership

Asking price R 940 000
Price per m² R 2 626
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 940K
Taxes + legal + admin fees R 21,8K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 940 000
  • Deeds Office (transfer) R 817
  • Conveyancing (est., incl. VAT) R 20 953
  • Deeds lodgement R 52
  • Total indicative R 961 822

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 8 877 /month

Total paid over 20 years (deposit + repayments): R 2 224 409

Deposit 10% · R 94 000
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 846 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 940 000