1
Beds
1
Baths
1
Parking
39 m²
Floor area
About this property
Overview
Dorma Square offers the ultimate in modern, lock-up-and-go convenience in the heart of Walmer. Only 3 years old, this ground-floor unit is perfect for first-time buyers or investors looking for a high-demand Airbnb-friendly asset.
Property Highlights
Prime Location
- Minutes away from the airport, major shopping hubs, and quick freeway access
- Only a 5-minute drive to the beach
Investment Potential
- Excellent monthly rental returns
- Airbnb/short-term rental friendly
Modern Features
- Open-plan living area
- Modern kitchen
- Bedroom with crisp, white-on-grey aesthetic
- En-suite bathroom
Relaxed Lifestyle
- Lounge opens onto a patio with built-in braai, ideal for quiet relaxation
Parking
- 1 allocated carport included
Security
- Remote control access to the complex
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.5% purchase price, 2.5% buying costs.
- Asking price R 710 000
- Deeds Office (transfer) R 617
- Conveyancing (est., incl. VAT) R 17 515
- Deeds lodgement R 52
- Total indicative R 728 184
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
Total paid over 20 years (deposit + repayments): R 1 680 139
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 639 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.