Property
South Africa

2

Beds

1

Baths

1

Parking

81 m²

Floor area

House 2 beds 1 bath 81 m²

About this property

This well-maintained double-storey home in Pelican Park, Cape Town, is an excellent opportunity for first-time buyers or those looking to downscale, offered on a sole and exclusive mandate.

The ground floor offers an open-plan lounge and kitchen arrangement, with the kitchen fitted with built-in cupboards. A compact water feature with a stone-clad wall, wooden shelving and potted plants adds a charming touch to the sheltered entrance patio. The upper storey accommodates two well-sized bedrooms and a family bathroom.

Security is well considered, with an automated double garage providing secure off-street parking for two vehicles, ornate security gates at the entrance, and CCTV cameras installed on the property. The boundary is enclosed by a low-maintenance precast wall.

The location is highly convenient: Sid G. Rule Primary School is approximately 120 m away, Michaels Park is around the corner, and Eighth Avenue Shopping Centre as well as Victoria Mall are both within roughly 500–615 m. A selection of eateries and a service station are also a short stroll away.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Double Garage
Entrance Patio / Water Feature

Features & amenities

Security camerasAutomated garageBuilt in cupboardsOpen planAutomated double garageSecurity cameras / cctvSecurity gateOpen plan lounge kitchenWater featureEnclosed boundary wall

Price & ownership

Asking price R 750 000
Price per m² R 9 259
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 750K
Taxes + legal + admin fees R 18,8K

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

  • Asking price R 750 000
  • Deeds Office (transfer) R 652
  • Conveyancing (est., incl. VAT) R 18 113
  • Deeds lodgement R 52
  • Total indicative R 768 817

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 7 082 /month

Total paid over 20 years (deposit + repayments): R 1 774 795

Deposit 10% · R 75 000
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 675 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 750 000