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About this property
Sky-High Living with Stunning Views in the Heart of Parktown
Welcome to this charming 8th-floor apartment at 48 Majestic Towers, ideally located at 38 Empire Road, Parktown. This well-positioned unit offers comfortable city living with beautiful elevated views and excellent building amenities—perfect for professionals, first-time buyers, or investors.
Step into a spacious and light-filled lounge and dining area that opens onto a large private balcony, where you can enjoy breathtaking views of the surrounding skyline—ideal for relaxing after a long day or entertaining guests.
The apartment features one generously sized bedroom with built-in cupboards, providing plenty of storage space and comfort. The bathroom is neatly fitted with a shower, and there is an additional linen cupboard for extra convenience.
The kitchen offers ample cupboard space, a gas stove, and room for a fridge, making it both practical and functional for everyday living.
Building Features:
- 24-hour security with controlled access
- Welcoming lobby area with post boxes
- Elevators for easy access
- Swimming pool for residents to enjoy
- Secure underground parking
Situated in a prime location close to major routes, universities, hospitals, and business hubs, this apartment offers excellent convenience and investment potential.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.6% purchase price, 2.4% buying costs.
- Asking price R 780 000
- Deeds Office (transfer) R 678
- Conveyancing (est., incl. VAT) R 18 561
- Deeds lodgement R 52
- Total indicative R 799 291
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
Total paid over 20 years (deposit + repayments): R 1 845 787
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 702 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.