Sale
South Africa

2

Beds

2

Baths

1

Parking

88 m²

Floor area

Apartment 2 beds 2 baths 88 m²

About this property

Online Auction Details:

Starting Bid: R 720 000-00

Auction Date: Thursday, 9 April 2026 from 12h00 to 14h00

Viewing: By Appointment

This inviting apartment in the well-established SS The Summit complex offers an excellent opportunity for comfortable living or a smart investment in the popular Winchester Hills suburb.

The unit comprises two bedrooms and two bathrooms, with an open-plan lounge and kitchen that flow seamlessly into a balcony with a very nice view.

This apartment offers a practical and low-maintenance lifestyle, ideal for those seeking convenience without the hassle of extensive upkeep.

The complex enjoys a prime location close to shopping centres, schools, and major transport routes, making it suitable for first-time buyers, young professionals, small families, or investors seeking solid rental appeal.

A well-balanced property combining indoor comfort with convenient access and scenic views in a secure and popular estate. A very attractive opportunity to acquire this property at an excellent starting price.

Important Information:

  • Seller will settle outstanding Rates and Taxes
  • Buyer to provide the required COC's (Certificates of Compliance)
  • 10% Deposit payable on the fall of the hammer
  • 30 Days for Guarantees

Rooms & layout

Bedroom × 2
Bathroom × 2
Lounge
Kitchen
Balcony
Garage

Features & amenities

apartmentauctionsecure estatebalconyopen-plan kitchen and loungeviewslow-maintenance

Price & ownership

Asking price R 730 000
Price per m² R 8 295
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 730K
Taxes + legal + admin fees R 18,5K

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

  • Asking price R 730 000
  • Deeds Office (transfer) R 634
  • Conveyancing (est., incl. VAT) R 17 814
  • Deeds lodgement R 52
  • Total indicative R 748 500

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 6 894 /month

Total paid over 20 years (deposit + repayments): R 1 727 467

Deposit 10% · R 73 000
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 657 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.