Sale
South Africa

2

Beds

1

Baths

1

Parking

76 m²

Floor area

Commercial 2 beds 1 bath 76 m²

About this property

Overview

This beautifully designed two-bedroom, one-bathroom ground-floor apartment is located in the secure and highly sought-after 92 On New residential estate in Carlswald, Midrand. The apartment offers the perfect balance between modern design, comfort, and convenience, making it ideal for first-time buyers, professionals, investors, or anyone looking to enjoy secure estate living in a prime location.

Features

  • Two spacious bedrooms with built-in cupboards
  • Full bathroom with shower and bathtub
  • Open-plan living area flowing into kitchen
  • Large private patio/balcony
  • Stylishly finished kitchen with center island, gas stove, under-counter oven, and ample cupboard space
  • Under-counter washing machine connection
  • One covered parking bay
  • Ample visitor parking
  • Prepaid water and electricity for seamless monthly budgeting

Estate Amenities

92 On New is a secure, access-controlled estate offering:

  • 24-hour security
  • Electric fencing
  • CCTV surveillance
  • Communal swimming pool
  • Children's play area
  • Clubhouse/on-site restaurant

Location & Accessibility

The location is one of the biggest drawcards. 92 On New is situated within walking distance to Carlswald Lifestyle Shopping Centre and Sanridge Square. Other nearby shopping centres include Carlswald Décor Centre and Mall of Africa, just a 10-minute drive away.

The estate offers:

  • Quick and easy access to the N1 highway via New Road
  • Proximity to major public transport routes, including Gautrain bus stops
  • Ideal for commuters
  • Top schools, healthcare facilities, and office parks like Vodacom HQ all within easy reach

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Patio
Parking
Garage

Features & amenities

secure estate24-hour securityelectric fencingCCTV surveillanceswimming poolchildren's play areaclubhouseon-site restaurantbuilt-in cupboardsopen-plan living

Price & ownership

Asking price R 1 400 000
Price per m² R 18 421
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 1,4M
Taxes + legal + admin fees R 35,7K

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

  • Asking price R 1 400 000
  • Transfer duty (est.) R 5 700
  • Deeds Office (transfer) R 1 217
  • Conveyancing (est., incl. VAT) R 28 750
  • Deeds lodgement R 52
  • Total indicative R 1 435 719

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 13 221 /month

Total paid over 20 years (deposit + repayments): R 3 312 950

Deposit 10% · R 140 000
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.