Sale
South Africa

12

Beds

6

Baths

24

Parking

1,011 m²

Floor area

1,011 m²

Stand size

House 12 beds 6 baths 1,011 m²

About this property

This exceptional block of flats in Dawn presents a lucrative opportunity for astute investors to capitalise on the area's burgeoning demand for premium rentals. Comprising six spacious apartments, each meticulously designed to provide an unparalleled living experience, this stunning property boasts an array of desirable features. The apartments showcase two north-facing bedrooms with ample built-in cabinetry, modern bathrooms and stylish open-plan kitchens perfect for culinary enthusiasts.

The prime location in Dawn ensures effortless access to main roads, industries and key points in East London, guaranteeing consistent demand for rentals. With its luxury finishes, modern amenities and high return on investment potential, this property is poised to generate substantial rental income.

Rooms & layout

Bedroom × 12
Bathroom × 6
Kitchen
Garage × 24

Features & amenities

Block of flatsInvestment opportunityMultiple apartmentsLuxury finishesModern amenitiesHigh rental demandNorth facing bedroomsBuilt in cabinetry

Price & ownership

Asking price R 2 750 000
Price per m² R 2 720
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 2,8M
Taxes + legal + admin fees R 137,6K

Rough split: 95.2% purchase price, 4.8% buying costs.

  • Asking price R 2 750 000
  • Transfer duty (est.) R 87 200
  • Deeds Office (transfer) R 2 390
  • Conveyancing (est., incl. VAT) R 47 975
  • Deeds lodgement R 52
  • Total indicative R 2 887 617

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 25 969 /month

Total paid over 20 years (deposit + repayments): R 6 507 581

Deposit 10% · R 275 000
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 2 475 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.