Sale
South Africa

2

Beds

2

Baths

59 m²

Floor area

Apartment 2 beds 2 baths 59 m²

About this property

This well-established and situated apartment complex is ideally nestled in the heart of Waterkloof close to all major shopping centres, amenities and freeways. Buy direct from the developer with no transfer duties. Average rental income of approximately R11,000 per month achieved with tenants. Tenanted units also available for sale. Modern open-plan layout throughout with top quality fittings and fixtures. All units are currently tenanted and can be sold with tenant or tenant can be given 2 months notice. Features include a small balcony, scenic views, and complex amenities including a clubhouse with swimming pool, 24/7 access-control security, undercover parking, and visitor's parking.

Rooms & layout

Bedroom × 2
Bathroom × 2

Features & amenities

Swimming poolSecurityClubhouseBalconyScenic viewModern open planInvestment propertyTenanted

Price & ownership

Asking price R 1 600 000
Price per m² R 27 119
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 1,6M
Taxes + legal + admin fees R 45,2K

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

  • Asking price R 1 600 000
  • Transfer duty (est.) R 11 700
  • Deeds Office (transfer) R 1 390
  • Conveyancing (est., incl. VAT) R 32 085
  • Deeds lodgement R 52
  • Total indicative R 1 645 227

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 15 109 /month

Total paid over 20 years (deposit + repayments): R 3 786 229

Deposit 10% · R 160 000
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 1 440 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.