Property
South Africa

2

Beds

1

Baths

60 m²

Floor area

Apartment 2 beds 1 bath 60 m²

About this property

Positioned in one of Kenilworth Upper's most sought-after pockets, this well-designed contemporary apartment in The Richmond offers a turnkey lifestyle with strong rental appeal.

The apartment delivers two generously sized bedrooms, both comfortably accommodating double beds and fitted with ample cupboard space. A full bathroom services the unit, complete with shower, bath, basin, and toilet — ideal for owner-occupiers and tenants alike.

The open-plan living and dining area is light-filled and spacious, flowing seamlessly into a modern kitchen finished with gloss-white cabinetry, grey splashback tiles, and integrated appliances including a microwave and electric hob. Large folding glass doors open onto a private balcony that captures a pleasant leafy suburban outlook, flooding the interior with natural light.

A major differentiator for this unit is its two dedicated open parking bays within the complex — a significant advantage in the area and a strong driver of rental demand. The unit measures 60 m² internally and is move-in ready.

Just steps away, residents enjoy an exceptional dining precinct: Hartlief Constantia Deli, Stock and Stable, Old Town Italy, and Chardonnay Deli are all within approximately 160 m. The Silverhurst Greenbelt and trail are under 340 m away for weekend walks, while Constantia Waldorf School is roughly 1 km from the door.

Additional features: prepaid electricity and water, pet-friendly on application to the Body Corporate, low rates and levies, well-managed block, no Airbnb permitted.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge/Dining Area
Balcony
Room × 2

Features & amenities

ParkingBalconyModernOpen planPet friendlyPrepaid utilitiesSecurity estateLeafy outlookOpen plan livingModern kitchen

Price & ownership

Asking price R 2 600 000
Price per m² R 43 333
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 2,6M
Taxes + legal + admin fees R 123,6K

Rough split: 95.5% purchase price, 4.5% buying costs.

  • Asking price R 2 600 000
  • Transfer duty (est.) R 75 200
  • Deeds Office (transfer) R 2 259
  • Conveyancing (est., incl. VAT) R 46 085
  • Deeds lodgement R 52
  • Total indicative R 2 723 596

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 24 553 /month

Total paid over 20 years (deposit + repayments): R 6 152 622

Deposit 10% · R 260 000
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 2 340 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 600 000