Property
South Africa

3

Beds

1

Baths

2

Parking

145 m²

Floor area

Apartment 3 beds 2 baths 145 m²

About this property

Exceptional apartment situated on the Golden Mile of Beach Road in Strand North. This spacious 3-bedroom, 1-bathroom unit features a generously sized open-plan lounge, dining, and kitchen area with panoramic sea views from the lounge and dining area, providing views of windsurfing activities and stunning mountain views. Floor-to-ceiling windows offer extended, picturesque vistas.

The white kitchen features a clean, open concept design with ample movement space, plenty of cabinets for storage, and dedicated spaces for a dishwasher and washing machine. All three bedrooms are spacious with built-in cupboards and wall-to-wall carpets.

The apartment includes a full bathroom and a separate guest toilet. Secure parking consists of a lock-up garage and designated visitor parking spaces. Monthly levies cover water, building insurance, maintenance, and security. This well-maintained share block property presents an excellent investment opportunity in a prime location with steady property price appreciation.

Rooms & layout

Bedroom × 3
Bathroom
Guest Toilet
Kitchen
Lounge
Dining Room
Garage × 2

Features & amenities

Sea viewsMountain viewsFloor to ceiling windowsOpen plan designBuilt in cupboardsWall to wall carpetsLock up garageVisitor parkingPrime locationInvestment opportunity

Price & ownership

Asking price R 3 800 000
Price per m² R 26 207
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 3,8M
Taxes + legal + admin fees R 259,9K

Rough split: 93.6% purchase price, 6.4% buying costs.

  • Asking price R 3 800 000
  • Transfer duty (est.) R 195 356
  • Deeds Office (transfer) R 3 302
  • Conveyancing (est., incl. VAT) R 61 205
  • Deeds lodgement R 52
  • Total indicative R 4 059 915

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 35 885 /month

Total paid over 20 years (deposit + repayments): R 8 992 293

Deposit 10% · R 380 000
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 3 420 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 3 800 000