Sale
South Africa

2

Beds

1

Baths

71 m²

Floor area

Commercial 2 beds 1 bath 71 m²

About this property

Welcome to Merlin Manor, a highly desirable and secure complex perfectly situated in the well-established and tranquil suburb of Parkrand, Boksburg. This comfortable two-bedroom apartment is the ideal choice for singles, professionals, or small families seeking a modern, low-maintenance lifestyle without compromising on security or convenience. The residence offers a clean, practical layout featuring one full bathroom, a neatly appointed kitchen designed for functional cooking, and a spacious living room that provides a cozy space for relaxation and entertaining. Comfort and peace of mind are paramount at Merlin Manor, which provides secure, access-controlled living within the quiet, tree-lined environment of Parkrand. The location is unmatched for convenience, placing you moments away from local shopping centres for daily needs, and the massive East Rand Mall for all your major retail, dining and entertainment requirements. Families will benefit from the close proximity to reputable schools like Parkdene Primary and Sunward Park High, while professionals will appreciate the easy access to major road networks and the short drive to OR Tambo International Airport, making the daily commute or travel completely effortless. This is an exceptional opportunity to invest in a property that perfectly balances comfort, security, and prime East Rand living.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

secureaccess-controlledlow-maintenanceapartmentmodern

Price & ownership

Asking price R 570 000
Price per m² R 8 028
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 570K
Taxes + legal + admin fees R 16K

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

  • Asking price R 570 000
  • Deeds Office (transfer) R 495
  • Conveyancing (est., incl. VAT) R 15 421
  • Deeds lodgement R 52
  • Total indicative R 585 968

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 5 383 /month

Total paid over 20 years (deposit + repayments): R 1 348 844

Deposit 10% · R 57 000
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 513 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.