Property
South Africa

2

Beds

1

Baths

1

Parking

47 m²

Floor area

Apartment 2 beds 1 bath 47 m²

About this property

Lovely 2 bedroom, 1 bathroom apartment with private stoep area and open plan living area with kitchenette. Ideal for student accommodation and a very good investment opportunity—already rented out for 2026. These apartments are ideal for young professionals or students who seek private time after a busy day at work or on campus. The complex is very safe, with 24-hour security patrol and CCTV cameras all around the building. DSTV and Wi-Fi capability, laundry and cleaning services, and an on-site gym are among the services offered at La Rez.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Security24 hour securityCCTVGymLaundry servicesWIFIDSTVParkingStoepInvestment opportunity

Price & ownership

Asking price R 1 500 000
Price per m² R 31 915
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 1,5M
Taxes + legal + admin fees R 40,5K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 500 000
  • Transfer duty (est.) R 8 700
  • Deeds Office (transfer) R 1 304
  • Conveyancing (est., incl. VAT) R 30 475
  • Deeds lodgement R 52
  • Total indicative R 1 540 531

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 14 165 /month

Total paid over 20 years (deposit + repayments): R 3 549 589

Deposit 10% · R 150 000
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 500 000