Sale
South Africa

2

Beds

1

Baths

1

Parking

44 m²

Floor area

Apartment 2 beds 1 bath 44 m²

About this property

Overview

Situated in the well-established suburb of Mulbarton, this 44m² sectional title apartment offers an excellent opportunity for first-time buyers, young families, or investors seeking affordable property in a high-demand residential area.

Property Features

  • Lounge & Family Room: Comfortable open-plan living space for everyday relaxation
  • Kitchen: Modern finishes with granite countertops, double sink, storage cupboards, freestanding stove, and dedicated washing machine connection
  • Bedrooms: 2 bedrooms, each with built-in cupboards for organized storage
  • Security: Burglar bars for added protection
  • Energy Efficiency: Solar geyser to reduce monthly electricity costs
  • Parking: Covered parking available
  • Access: Controlled access gate for security
  • Pet-Friendly: Suitable for pet owners

Community & Management

The property is part of a managed sectional title development governed by an HOA, offering structured community management, access control, and compliance standards designed to maintain property value and residential security.

Location & Proximity

Located approximately 20 minutes from Johannesburg CBD, the property offers easy access to:

  • Schools
  • Shopping centres
  • Public transport routes
  • Medical facilities

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Kitchen
Garage

Features & amenities

sectional titlebuilt-in cupboardsopen-plan loungegranite countertopssolar geyserburglar barscovered parkingaccess gatepet-friendlyenergy efficient

Price & ownership

Asking price R 740 000
Price per m² R 16 818
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 740K
Taxes + legal + admin fees R 18,7K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 740 000
  • Deeds Office (transfer) R 643
  • Conveyancing (est., incl. VAT) R 17 963
  • Deeds lodgement R 52
  • Total indicative R 758 658

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 6 988 /month

Total paid over 20 years (deposit + repayments): R 1 751 131

Deposit 10% · R 74 000
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 666 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.