Sale
South Africa

1

Beds

1

Baths

1

Parking

36 m²

Floor area

Apartment 1 bed 1 bath 36 m²

About this property

Overview

1 bedroom apartment/flat with lounge and bathroom. Currently with a tenant paying R6,000 per month. Good investment property.

Location

Located close to the University of Johannesburg.

Rooms & layout

Bedroom 1
Lounge
Bathroom
Parking
Garage

Features & amenities

investment propertytenant occupiednear university

Price & ownership

Asking price R 580 000
Price per m² R 16 111
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 580K
Taxes + legal + admin fees R 16,1K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 580 000
  • Deeds Office (transfer) R 504
  • Conveyancing (est., incl. VAT) R 15 571
  • Deeds lodgement R 52
  • Total indicative R 596 127

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 5 477 /month

Total paid over 20 years (deposit + repayments): R 1 372 508

Deposit 10% · R 58 000
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 522 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.