Sale
South Africa

2

Beds

1

Baths

1

Parking

76 m²

Floor area

Apartment 2 beds 1 bath 76 m²

About this property

Prime Southernwood Apartment – Spacious 2 Bedroom with Balcony and Secure Parking

Located in the vibrant and sought-after area of Southernwood, this well-positioned apartment offers comfort, convenience, and great value. The unit features two bedrooms, a spacious lounge, a well-sized kitchen, and a bathroom, creating a practical and comfortable living space.

A private balcony adds to the appeal, providing a spot to relax and enjoy fresh air. The complex is secure with a security gate and includes secure parking on the premises for added peace of mind.

Situated very close to shops, schools, and other essential amenities, this apartment is ideal for homeowners or investors looking to secure property in a popular and well-connected area.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Balcony
Garage

Features & amenities

ApartmentBalconySecure parkingSecurity gateNear schoolsNear shops

Price & ownership

Asking price R 590 000
Price per m² R 7 763
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 590K
Taxes + legal + admin fees R 16,3K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 590 000
  • Deeds Office (transfer) R 513
  • Conveyancing (est., incl. VAT) R 15 720
  • Deeds lodgement R 52
  • Total indicative R 606 285

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 5 572 /month

Total paid over 20 years (deposit + repayments): R 1 396 172

Deposit 10% · R 59 000
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 531 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.