Property
South Africa

2

Beds

1

Baths

160 m²

Floor area

House 2 beds 1 bath 160 m²

About this property

Affordable two-bedroom starter home in Philippi East, Cape Town, offered for sale at R250 000 — an accessible entry-level opportunity for a first-time buyer or buy-to-let investor looking to enter the Cape Town property market.

The single-storey dwelling comprises two bedrooms, an open-plan lounge/kitchen and a bathroom. The exterior walls are rendered in a distinctive salmon/terracotta plaster finish beneath a corrugated fibre-cement roof. The property sits within a fully enclosed, matching plastered boundary wall with concrete-capped pillars, accessed via a metal security gate. Security bars are fitted to all visible windows and the entrance gate, providing a solid first line of protection.

The enclosed yard offers a generous outdoor area — currently overgrown with grass and wild flowers — presenting real scope for landscaping, a vegetable garden or a children's play area. A timber washing-line post with strung cord is installed in the rear yard. A narrow side passage runs between the property boundary wall and the neighbouring concrete-block structure, providing utility access. Some damp/standing water is visible in the side passage and buyers are advised to inspect the drainage.

Note: the recorded unit area of 160 m² appears unusually large for the bedroom count and is likely to reflect the stand/erf size rather than internal floor area; buyers are advised to confirm measurements independently.

The neighbourhood is well serviced: Sophumelela Secondary School is approximately 710 m away, Philippi Children's Centre and Nal'uxolo Primary School are under 890 m from the property, and Tembalethu Supermarket is roughly 890 m away — all within comfortable walking distance.

Rooms & layout

Bedroom × 2
Open-plan Lounge/Kitchen
Bathroom

Features & amenities

Boundary wallSecurity gateBurglar barsCorrugated roofOpen plan lounge/kitchenEnclosed yardWashing lineFirst time buyerSingle storeyAffordable

Price & ownership

Asking price R 260 000
Price per m² R 1 625
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 260K
Taxes + legal + admin fees R 10,8K

Rough split: 96.0% purchase price, 4.0% buying costs.

  • Asking price R 260 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 332
  • Deeds lodgement R 52
  • Total indicative R 270 818

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 2 455 /month

Total paid over 20 years (deposit + repayments): R 615 262

Deposit 10% · R 26 000
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 234 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 260 000