Sale
South Africa

3

Beds

1

Baths

2

Parking

77 m²

Floor area

Apartment 3 beds 1 bath 77 m²

About this property

Positioned in the heart of Algoa Park, this top floor apartment offers elevated views over the surrounding area, enjoyed from both the bedrooms and the private balcony. Its location within walking distance of Tjaart Van Der Walt Primary School makes it especially appealing for families and tenants alike.

The home welcomes you through a secure front door fitted with a security gate, opening into a generously sized living area filled with natural light. The lounge flows effortlessly onto the balcony - the perfect spot to enjoy fresh air and the outlook from above.

Three spacious and sunny bedrooms provide comfortable accommodation plus feature built-in cupboards, while the bathroom is neatly laid out with a separate toilet for added convenience. The kitchen is positioned to one side of the living area and offers ample built-in cupboards, along with water connections for a washing machine. Fully tiled throughout, the apartment is low maintenance and practical - ideal for both homeowners and investors.

Additional features include single garage, open parking, remote access gate, and communal play area for children.

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge
Garage × 2

Features & amenities

security gatebalconybuilt-in cupboardsseparate toiletfully tiledgarageopen parkingremote access gatecommunal play arealow maintenance

Price & ownership

Asking price R 410 000
Price per m² R 5 325
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 410K
Taxes + legal + admin fees R 13,3K

Rough split: 96.8% purchase price, 3.2% buying costs.

  • Asking price R 410 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 859
  • Deeds lodgement R 52
  • Total indicative R 423 345

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 3 872 /month

Total paid over 20 years (deposit + repayments): R 970 221

Deposit 10% · R 41 000
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 369 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.