House for sale

R 2 350 000

Modderfontein , Edenvale , Gauteng

Beds

Baths

Parking

135 m²

Floor area

House 2 beds 2 baths 135 m²

About this property

Set within the peaceful surroundings of Heritage Lifestyle Estate, Olive Grove offers an exclusive residential opportunity for individuals aged 50 and over. This secure and stylish development features sectional title simplex homes, thoughtfully designed to deliver a low-maintenance, comfortable lifestyle in a like-minded community.

This two-bedroom, two-bathroom townhouse is fitted with modern comforts including pre-paid electricity for convenient energy management, solar geysers, geyser wise systems and is fibre-ready to ensure fast, reliable internet connectivity. The unit includes a garden and benefits from the estate's pet-friendly policy, allowing residents to enjoy the companionship of their pets in a safe and welcoming environment.

Security is a priority at Heritage Estate, with access-controlled security offering residents peace of mind and a sense of community. The development is designed for those seeking to simplify their lifestyle without compromising on quality.

Rooms & layout

Bedroom × 2

Bathroom × 2

Lounge

Kitchen

Garage × 2

Features & amenities

SecurityGated estatePet friendlySolar geyserFibre readyGardenLow maintenanceSectional title

Price & ownership

Asking price R 2 350 000

Price per m² R 17 407

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 2,4M

Taxes + legal + admin fees R 100,2K

Rough split: 95.9% purchase price, 4.1% buying costs.

Asking price R 2 350 000
Transfer duty (est.) R 55 200
Deeds Office (transfer) R 2 042
Conveyancing (est., incl. VAT) R 42 935
Deeds lodgement R 52
Total indicative R 2 450 229

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 22 192 /month

Total paid over 20 years (deposit + repayments): R 5 561 024

Deposit 10% · R 235 000

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 2 115 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.