Property
South Africa

2

Beds

1

Baths

2

Parking

187 m²

Floor area

House 2 beds 1 bath 187 m²

About this property

This well-maintained house is located in the secure and sought-after Watergate Estate in Mandalay, offering comfortable living in a safe and convenient environment.

The property features a functional open-plan layout that combines the lounge and kitchen area, creating a welcoming living space ideal for everyday living or as an investment opportunity.

Situated in a secure gated estate, the property provides peace of mind and is conveniently located close to schools, shopping centres, public transport routes, and other essential amenities.

Property Features: • 2 Bedrooms • 1 Bathroom • Open-plan lounge • Kitchen • Parking for 1 car • Secure gated estate

This property is perfect for first-time buyers, small families, or investors looking for a property in a well-positioned estate.

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Kitchen
Garage × 2

Features & amenities

Secure gated estateOpen planInvestment opportunityNear schoolsNear shopping centresNear public transport

Price & ownership

Asking price R 1 200 000
Price per m² R 6 417
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 1,2M
Taxes + legal + admin fees R 26,4K

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

  • Asking price R 1 200 000
  • Deeds Office (transfer) R 1 043
  • Conveyancing (est., incl. VAT) R 25 300
  • Deeds lodgement R 52
  • Total indicative R 1 226 395

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 11 332 /month

Total paid over 20 years (deposit + repayments): R 2 839 672

Deposit 10% · R 120 000
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 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 200 000