Sale
South Africa

3

Beds

3

Baths

3

Parking

153 m²

Floor area

Apartment 3 beds 3 baths 153 m²

About this property

Overview

Experience elevated living at Iconic, a landmark development in Melrose offering luxury, space, and exceptional lifestyle amenities. These expansive 3 bedroom, 3 bathroom residences are perfect for families, executives, or buyers seeking space without compromising on security or location.

Unit sizes range from 105m² to 153m². Bond and transfer costs are included.

Apartment Features

  • 3 generously sized bedrooms
  • 3.5 contemporary bathrooms
  • Designer kitchen with premium finishes
  • High-end oven, hob & extractor fan included
  • Floor-to-ceiling windows with 5-star views
  • Smart prepaid water & electricity
  • Essential water and solar backup
  • Fibre ready
  • Lock-up garages, basement parking & storage (selected units)
  • Upgrade packages and extras available on all units

Estate Amenities

  • Pool house & entertainment spaces
  • Landscaped deck & indigenous gardens
  • Multi-level atrium with internal gardens
  • Fully equipped fitness facility
  • Coffee bar & co-working hub
  • Kids' play area

Security

  • 24-hour access-controlled security
  • Off-site monitored CCTV
  • Controlled access points
  • Electrified perimeter fencing

Rooms & layout

Bedroom × 3
Bathroom × 3
Kitchen
Garage × 3

Features & amenities

poolfitness facilitysecuritysolar backupfibre readysmart home technologygardenco-working hubkids play areaCCTV

Price & ownership

Asking price R 3 700 000
Price per m² R 24 183
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 3,7M
Taxes + legal + admin fees R 247,6K

Rough split: 93.7% purchase price, 6.3% buying costs.

  • Asking price R 3 700 000
  • Transfer duty (est.) R 184 356
  • Deeds Office (transfer) R 3 215
  • Conveyancing (est., incl. VAT) R 59 945
  • Deeds lodgement R 52
  • Total indicative R 3 947 568

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 34 940 /month

Total paid over 20 years (deposit + repayments): R 8 755 654

Deposit 10% · R 370 000
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 3 330 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.