Sale
South Africa

2

Beds

1

Baths

1

Parking

70 m²

Floor area

Apartment 2 beds 1 bath 70 m²

About this property

Lock-Up-and-Go coupled with resort style living – priced to sell. Ideal for the first-time buyer!

This 1st floor apartment, set in the resort-inspired Riverglades Estate, is an opportunity not to be missed for the first-time buyer or investor.

Offering 2 bedrooms with built-in cupboards and 1 bathroom with a bath and shower combination. The open-plan kitchen is fitted with ample cupboards and has space for 1 appliance and a single-door fridge. The spacious living area opens onto the balcony with beautiful fountain and tree-top views. The apartment is tiled throughout. 1 designated carport and visitor's parking throughout the estate.

Monthly costs:

  • Rates & Taxes and Refuse Removal: R800
  • Levy: R2,340 (Water included; additional effluent charge R805)
  • Prepaid electricity

Amenities: Fibre installed, 2 small pets permitted.

Riverglades Estate is renowned for its beautifully established gardens and leafy surrounds, offering a resort-inspired lifestyle. Amenities include 24-hour access control, patrolling and CCTV cameras, family bistro restaurant and clubhouse with delivery service, mini convenience store, 4 large swimming pools with entertainment lapas and braai areas, 2 tennis courts, basketball court, state-of-the-art children's play areas with trampoline, dog park, and secured river access.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Carport
Garage

Features & amenities

lock-up-and-goresort style livingfirst-time buyersecurityswimming poolsbraai areatennis courtbasketball courtriver accesspet friendly

Price & ownership

Asking price R 760 000
Price per m² R 10 857
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 760K
Taxes + legal + admin fees R 19K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 760 000
  • Deeds Office (transfer) R 660
  • Conveyancing (est., incl. VAT) R 18 262
  • Deeds lodgement R 52
  • Total indicative R 778 974

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 7 177 /month

Total paid over 20 years (deposit + repayments): R 1 798 459

Deposit 10% · R 76 000
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 684 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.