Commercial for sale

R 400 000

Lambton , Germiston , Gauteng

Beds

Baths

Parking

74 m²

Floor area

Commercial 1 bed 1 bath 74 m²

About this property

Step into comfort and convenience with this well-positioned one-bedroom apartment in Packwood Towers, located in the ever-popular suburb of Lambton.

This inviting flat offers a spacious bedroom, a bathroom, and a comfortable lounge area that leads to a closed-in balcony. The enclosed balcony adds valuable extra space and can easily be used as a sunroom, home office, or reading nook, making the apartment both practical and versatile.

Packwood Towers is ideally situated close to a range of shopping centres, restaurants, and everyday amenities, ensuring that everything you need is just a short drive away.

Families and investors alike will appreciate the excellent schools in the Lambton area, including Colin Mann Primary School, Laerskool Delville, Afrikaanse Hoërskool Germiston, and Lambton Christian School, all conveniently located nearby.

Lambton remains a highly sought-after suburb, known for its tree-lined streets, welcoming community, and easy access to major routes connecting you to the greater Johannesburg area.

Whether you are a first-time buyer, investor, or looking to downscale, this apartment offers excellent value in a fantastic location.

Rooms & layout

Bedroom 1

Bathroom

Lounge

Balcony

Garage

Features & amenities

ApartmentEnclosed balconySunroom potentialHome office spaceShopping centres nearbyGood schools nearby

Price & ownership

Asking price R 400 000

Price per m² R 5 405

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 400K

Taxes + legal + admin fees R 13,2K

Rough split: 96.8% purchase price, 3.2% buying costs.

Asking price R 400 000
Deeds Office (transfer) R 434
Conveyancing (est., incl. VAT) R 12 690
Deeds lodgement R 52
Total indicative R 413 176

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 3 777 /month

Total paid over 20 years (deposit + repayments): R 946 557

Deposit 10% · R 40 000

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 360 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.