Sale
South Africa

1

Beds

1

Baths

33 m²

Floor area

Commercial 1 bed 1 bath 33 m²

About this property

Step into the vibrant heart of Johannesburg with this stylish bachelor apartment at Tribeca Lofts, popularly known as African City. Situated on the iconic Eloff Street, this residential complex places you right next to the city's major retail, banking, and government precincts, making urban living and convenience a daily reality.

This open-plan bachelor unit welcomes you with a modern kitchenette at the entrance, fitted with built-in cabinets, a granite countertop, a single sink, and a freestanding stove. The spacious living area offers ample room to comfortably accommodate a queen-size bed, a three-seater couch, a TV stand, or a study desk, and comes complete with built-in cupboards for added storage.

The private bathroom is fully tiled and equipped with a bathtub, toilet, and basin, while prepaid electricity ensures effortless control over your utility costs. Excellent building management and maintenance, and strong security offer safety and service.

Whether you are a young professional, student, newlywed couple, or savvy investor, this apartment offers an unbeatable opportunity to own a well-located asset in one of Johannesburg's most dynamic residential complexes.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge

Features & amenities

securitymodern kitchenettegranite countertopbuilt-in cupboardsbathtubprepaid electricitybuilding management

Price & ownership

Asking price R 290 000
Price per m² R 8 788
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 290K
Taxes + legal + admin fees R 11,3K

Rough split: 96.2% purchase price, 3.8% buying costs.

  • Asking price R 290 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 10 837
  • Deeds lodgement R 52
  • Total indicative R 301 323

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 2 739 /month

Total paid over 20 years (deposit + repayments): R 686 254

Deposit 10% · R 29 000
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 261 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.