Sale
South Africa

3

Beds

2

Baths

2

Parking

209 m²

Floor area

Apartment 3 beds 2 baths 209 m²

About this property

Spacious, sea-facing, 3-bedroomed flat with secure undercover parking, directly opposite Kings Beach. An excellent investment opportunity for secure rental accommodation, or a great property to live in and experience living across the road from the beach.

This light and bright flat consists of:

  • Entrance hall with security gate access
  • 3 very spacious bedrooms with plenty of built-in cupboards
  • 2 full bathrooms, with one being the main ensuite
  • A massive TV lounge or study area with fantastic views
  • Open plan lounge to dining room with excellent views
  • Spacious modern kitchen with loads of cupboards and space for all appliances
  • Laundry room or extra storage room
  • 2 undercover, secure parking bays with direct access into the block of flats
  • Fibre available but not yet installed
  • Drying area for hanging up washing available off undercover parking areas
  • Visitors parking outside and across the road from property
  • Close to University, Schools, Beaches, Restaurants, Shopping Centres and Highways

Apartment block well-managed by Trafalgar Management Agents. Some TLC needed.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Living room × 2
Dining Room
Room × 2
Garage × 2

Features & amenities

sea-facingsecure undercover parkingKings Beach oppositefibre availablebuilt-in cupboardsmodern kitchenstorage roomviewsinvestment opportunitywell-managed complex

Price & ownership

Asking price R 2 100 000
Price per m² R 10 048
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 2,1M
Taxes + legal + admin fees R 81,4K

Rough split: 96.3% purchase price, 3.7% buying costs.

  • Asking price R 2 100 000
  • Transfer duty (est.) R 39 786
  • Deeds Office (transfer) R 1 825
  • Conveyancing (est., incl. VAT) R 39 785
  • Deeds lodgement R 52
  • Total indicative R 2 181 448

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 19 831 /month

Total paid over 20 years (deposit + repayments): R 4 969 425

Deposit 10% · R 210 000
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 1 890 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.