Sale
South Africa

1

Beds

1

Baths

1

Parking

70 m²

Floor area

Apartment 1 bed 1 bath 70 m²

About this property

Overview

Body Corporate apartment building situated at 2 Plein Street in the heart of the inner-city, offering spacious, affordable flats. Conveniently located near major public transport routes including Gautrain, Metro and BRT buses and taxi ranks, within walking distance of Park Station. The building includes secure off-street parking for residents.

Features

  • 24-hour security
  • Biometric access control
  • CCTV
  • Secure off-street parking
  • 3-plate stove with oven
  • Geyser
  • Bedroom cupboard
  • Kitchen cupboard
  • Wash area
  • Clothing lines
  • Prepaid electricity
  • Unfurnished

Financial Details

  • No admin levy for first year
  • Subsidy available up to R112,259 (terms and conditions apply)
  • All transfer fees and bond costs included
  • No deposit required

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage

Features & amenities

securityparkingCCTVbiometric access controlgeyserprepaid electricitypublic transportGautrain access

Price & ownership

Asking price R 340 000
Price per m² R 4 857
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 340K
Taxes + legal + admin fees R 12,2K

Rough split: 96.5% purchase price, 3.5% buying costs.

  • Asking price R 340 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 11 679
  • Deeds lodgement R 52
  • Total indicative R 352 165

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 3 211 /month

Total paid over 20 years (deposit + repayments): R 804 574

Deposit 10% · R 34 000
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 306 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.