Sale
South Africa

2

Beds

2

Baths

1

Parking

71 m²

Floor area

Apartment 2 beds 2 baths 71 m²

About this property

Modern golf-side apartment with security top of mind, ideal location and super investment opportunity. Located on the 2nd floor of a relatively new development complex in Ruimsig, this modern 2-bedroom apartment offers an excellent opportunity and appeal. Open-plan living, dining, and modern-style kitchen through the front door, flowing onto a private patio. Positioned across from the Ruimsig Golf course, many nearby attractive shopping centres, main roads, Monash University and Crawford International School. The unit includes a dedicated covered parking, an on-site social area and a park. Property is being sold on auction (Non-Distressed) with opening bid at R699,000.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Patio
Garage

Features & amenities

SecurityGolf course nearbyModernOpen planCovered parkingOn site social areaParkApartment

Price & ownership

Asking price R 700 000
Price per m² R 9 859
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 700K
Taxes + legal + admin fees R 18K

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

  • Asking price R 700 000
  • Deeds Office (transfer) R 608
  • Conveyancing (est., incl. VAT) R 17 365
  • Deeds lodgement R 52
  • Total indicative R 718 025

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 6 610 /month

Total paid over 20 years (deposit + repayments): R 1 656 475

Deposit 10% · R 70 000
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 630 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.