Sale
South Africa

2

Beds

1

Baths

1

Parking

44 m²

Floor area

House 2 beds 1 bath 44 m²

About this property

Discover comfortable and secure living in this charming two-bedroom, one-bathroom unit located within the well-maintained and highly desirable Racecourse Complex. Set in a quiet, boomed-off area, this home offers the perfect balance of modern convenience and relaxed living.

The unit features a well-sized bathroom fitted with a bathtub, vanity basin, and toilet—ideal for unwinding after a long day. The kitchen is thoughtfully designed with ample cupboard space and designated areas for a washing machine and a double-door fridge, making everyday living both practical and efficient.

An enclosed patio provides a versatile additional living space, perfect for enjoying morning coffee, reading, or entertaining guests while remaining sheltered and private.

Prepaid electricity allows for easy energy management, while the complex offers excellent 24-hour security, ensuring peace of mind for residents. Racecourse Complex is ideally located close to schools, shopping centres, and major transport routes, offering convenience without compromising on tranquility.

Whether you are a first-time buyer, young professional, couple, or small family, this unit presents an excellent opportunity to secure a home in a sought-after location.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Patio
Garage

Features & amenities

securityboomed-offpatiocomplexprepaid electricityparking

Price & ownership

Asking price R 510 000
Price per m² R 11 591
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 510K
Taxes + legal + admin fees R 15K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 510 000
  • Deeds Office (transfer) R 443
  • Conveyancing (est., incl. VAT) R 14 524
  • Deeds lodgement R 52
  • Total indicative R 525 019

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 4 816 /month

Total paid over 20 years (deposit + repayments): R 1 206 860

Deposit 10% · R 51 000
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 459 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.