Sale
South Africa

3

Beds

2

Baths

4

Parking

Commercial 3 beds 2 baths

About this property

Overview

This newly developed complex consists of only twelve units in total, offering a limited and exclusive opportunity for buyers. With such a small footprint, residents enjoy peace, privacy and a quiet lifestyle.

Each unit features a spacious two-bedroom layout designed for comfortable modern living. The main bedroom includes an en suite bathroom, while the overall floor plan provides generous living and dining areas.

Features

  • Large private garden with ample space for play, pets and outdoor relaxation
  • Ideal for growing vegetables, adding a jungle gym or creating an entertainment area
  • Two bedrooms with en suite bathroom in main bedroom
  • Generous living and dining areas

Location

Situated in the sought-after suburb of Riversdale in Meyerton, this development enjoys an excellent location within the award-winning Midvaal Municipality, known for strong service delivery and community-focused governance.

Riversdale is a safe, established neighbourhood offering a relaxed lifestyle while remaining well connected. Easy access to the R59 allows for smooth travel to Alberton, Johannesburg and surrounding business hubs, making daily commuting convenient.

The area is further enhanced by its proximity to the newly launched Riverstone Mall, which offers a range of retail, dining and lifestyle amenities. This location continues to attract families, professionals and investors seeking stability, strong municipal management and a balanced lifestyle close to major urban centres.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Room
Garage × 4

Features & amenities

gardenprivate gardengated complexsecuretownhousemodern

Price & ownership

Asking price R 940 000
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 940K
Taxes + legal + admin fees R 21,8K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 940 000
  • Deeds Office (transfer) R 817
  • Conveyancing (est., incl. VAT) R 20 953
  • Deeds lodgement R 52
  • Total indicative R 961 822

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 8 877 /month

Total paid over 20 years (deposit + repayments): R 2 224 409

Deposit 10% · R 94 000
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 846 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.