Property
South Africa

1

Beds

1

Baths

1

Parking

47 m²

Floor area

Apartment 1 bed 1 bath 47 m²

About this property

An excellent opportunity to own a stylish bachelor apartment in the highly sought-after Waterstone East estate — perfect for young professionals or investors looking for rental potential. The property also features a separate storage room downstairs by the basement parking. The extra storage is great and also unique, as not many of the units on the block come with a store.

Situated on the 3rd floor, this well-designed unit offers a bright open-plan living and sleeping area that flows seamlessly onto a private balcony complete with a built-in braai — ideal for relaxed evenings or entertaining.

The modern kitchen features neat finishes and ample cupboard space, while the neat bathroom is well-appointed and low-maintenance.

You will find space for your washing machine in the bathroom.

Property Features: • Open-plan bachelor layout • Prepaid electricity • Private balcony with built-in braai • Fibre-ready • 1 secure basement parking bay • Private storeroom in the basement parking area • Access-controlled security estate • Communal swimming pool

Waterstone East is a well-managed, secure estate conveniently located close to major routes and shopping amenities, making it a smart lifestyle and investment choice.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Storage Room
Garage

Features & amenities

BalconyBraaiSecuritySwimming poolFibre readyPrepaid electricityParkingStorageModern kitchen

Price & ownership

Asking price R 1 550 000
Price per m² R 32 979
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000