Property
South Africa

2

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 2 beds 1 bath 50 m²

About this property

Overview

Rare investment opportunity in a Junction apartment block, ideally located in Athlone. This 2-bedroom, 1-bathroom apartment offers a perfect blend of comfort, convenience, and captivating views.

Features

  • Open-plan living with kitchen and lounge
  • Balcony with uninterrupted views of Table Mountain
  • Single undercover parking bay
  • Ample visitor parking
  • Lock-up-and-go living design

Location & Amenities

Conveniently located close to:

  • Schools
  • Shopping centres
  • Major transport routes
  • Essential amenities

Perfect for first-time buyers or investors looking to expand their portfolio.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony
Parking
Garage

Features & amenities

Table Mountain viewsOpen planBalconyUndercover parkingVisitor parkingInvestment opportunityLock up and goNear schoolsNear shopping centres

Price & ownership

Asking price R 990 000
Price per m² R 19 800
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 990K
Taxes + legal + admin fees R 22,6K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 990 000
  • Deeds Office (transfer) R 860
  • Conveyancing (est., incl. VAT) R 21 701
  • Deeds lodgement R 52
  • Total indicative R 1 012 613

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 9 349 /month

Total paid over 20 years (deposit + repayments): R 2 342 729

Deposit 10% · R 99 000
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 891 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 990 000