Property
South Africa

2

Beds

1

Baths

3

Parking

226 m²

Floor area

226 m²

Stand size

Apartment 2 beds 1 bath 226 m²

About this property

Exclusive Mandate

Whether you're entering the property market for the first time, looking to downscale, or planning to retire in a peaceful coastal town—this well-kept, neat home offers you an affordable opportunity to own property in the sought-after Overstrand area.

Features

This charming home features:

  • 2 Bedrooms with built-in cupboards
  • 1 Bathroom fitted with a shower, toilet and basin
  • Open-plan lounge and kitchen area for comfortable everyday living

Extras That Add Real Value

  • A well-sized Nutec flat behind the house—perfect for a second income, a separate granny flat or a private space for teenagers
  • Clear bars and safety gates for added security
  • Covered parking for 3 cars
  • Gas geyser to help save on electricity costs
  • Vibacrete walls on 3 sides of the property
  • Positioned in a quiet and safe area, within walking distance of the town centre

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Kitchen
Nutec Flat
Garage × 3

Features & amenities

Security gatesCovered parkingGas geyserGranny flat potentialBuilt in cupboardsOpen plan livingQuiet areaWalking distance to town centre

Price & ownership

Asking price R 1 300 000
Price per m² R 5 752
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 300 000