Sale
South Africa

2

Beds

1

Baths

36 m²

Floor area

House 2 beds 1 bath 36 m²

About this property

Situated in the well-connected Palm City Ext 37 in Alberton, this new full-title development offers an affordable entry point into home ownership with 2- and 3-bedroom options to suit a range of budgets and family sizes.

The base unit is a compact 36 m² 2-bedroom home priced from R559,000, with five larger plans available up to 63 m² — giving buyers the freedom to choose the size and style (Gable or Tuscan elevation) that works for them. Bond and transfer fees are included, significantly reducing the upfront cost of ownership.

Every home is fitted with a 100L HP electric solar geyser as standard (upgradeable to 150L for an additional R4,000), keeping running costs low from day one. The development's full-title nature means no levies or homeowners' association fees on the land.

As seen in the listing photos, completed show homes feature a neat rendered-plaster exterior with a warm timber front door, well-tended lavender garden beds, a wooden garden swing, and a brick paved entrance path — all projecting a charming, established feel. Interiors show open-plan living and dining areas with modern finishes, laminate flooring, and fitted kitchen cabinetry. Bedrooms are comfortably sized and light-filled. The rear yard of the show home includes an artificial-lawn garden, a timber picnic bench on a paved patio, and a solar geyser on the tiled roof.

Palm City Ext 37 enjoys exceptional freeway accessibility, sitting within easy reach of the N12, N3, and R59. Nearby retail includes Sky City Mall, Alberton City Mall, Mall at Newmarket, and Makro, while a choice of schools falls within the Alberton municipal boundary.

Available plans: • 2-Bed: 36 m² from R559,000 | 45 m² from R724,000 | 50 m² from R755,000 • 3-Bed: 55 m² from R785,000 | 58 m² (2 bath) from R825,000 | 63 m² (2 bath) from R854,000

Rooms & layout

Bedroom × 2
Bathroom
Open-plan Living / Dining
Kitchen

Features & amenities

full titlesolar geyserfuture extension optionnew developmentaccessible locationnear schoolsnear mallsbond and transfer fees includedlavender gardengarden swing

Price & ownership

Asking price R 560 000
Price per m² R 15 556
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 560K
Taxes + legal + admin fees R 15,8K

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

  • Asking price R 560 000
  • Deeds Office (transfer) R 487
  • Conveyancing (est., incl. VAT) R 15 272
  • Deeds lodgement R 52
  • Total indicative R 575 811

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 5 288 /month

Total paid over 20 years (deposit + repayments): R 1 325 180

Deposit 10% · R 56 000
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 504 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.