Sale
South Africa

1

Beds

1

Baths

1

Parking

39 m²

Floor area

Apartment 1 bed 1 bath 39 m²

About this property

BUY YOUR APARTMENT TODAY | No Admin Levy for a year | Subsidy Available up to R103 934 | Ts & Cs Apply

This Body Corporate building situated at 98 De Korte Street, Braamfontein, offers spacious, affordable flats. Situated in the heart of Braamfontein's central improvement district, the building is conveniently located to major businesses in the area as well as Wits. Proximity to public transport, including Gautrain, Metro Rail and BRT.

Purchase Price from R375 000 Instalment Amount from R2 798 pm

All Transfer fees and Bond Costs Included + No Deposit Required.

Features: • 24 Hours Security • Bath Only • Bedroom Cupboard • Biometric Access Control • Blinds • CCTV • Clothing Lines • DSTV Connection - Standard • Heat Pump • Kitchen Cupboard • Own Bathroom • Parking • Prepaid Electricity • Unfurnished • Wash Area

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Parking
Garage

Features & amenities

securityCCTVbiometric access controlheat pumpDSTVprepaid electricityparkingwash areabody corporatepublic transport nearby

Price & ownership

Asking price R 390 000
Price per m² R 10 000
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 390K
Taxes + legal + admin fees R 13K

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

  • Asking price R 390 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 522
  • Deeds lodgement R 52
  • Total indicative R 403 008

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 3 683 /month

Total paid over 20 years (deposit + repayments): R 922 893

Deposit 10% · R 39 000
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 351 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.