Sale
South Africa

3

Beds

1

Baths

2

Parking

156 m²

Floor area

Apartment 3 beds 1 bath 156 m²

About this property

Welcome to La Fayette, Illovo — an exclusive and impeccably maintained residential address, widely regarded as one of the most desirable apartment blocks in this prestigious suburb.

This exceptional 3-bedroom apartment has been fully renovated to the highest standard, offering a refined blend of modern design, timeless finishes, and effortless sophistication. Set within a boutique complex of just 24 private residences, this home exemplifies quality and attention to detail.

Features include original parquet flooring, sleek screed feature walls, and custom light fittings that elevate the space with understated elegance. All three bedrooms are spacious and beautifully appointed. The apartment features a bespoke 1.5-bathroom configuration, finished with designer fittings, custom faucets, and premium materials reflecting a contemporary yet timeless aesthetic.

The current owners — a young, design-conscious couple — have invested extensively in this renovation, sparing no expense. Every element has been thoughtfully selected, allowing the next owner to simply move in and enjoy a home where nothing has been overlooked.

Additional highlights:

  • 156m² of elegantly designed living space
  • Two allocated parking bays
  • Enclosed balcony (ideal work-from-home space)
  • Egoli Gas for heating and fine dining
  • Secure biometric access and full-time on-site security
  • Beautifully maintained communal garden
  • Well-managed and financially sound Body Corporate
  • Small pet-friendly, subject to Body Corporate approval

La Fayette offers a rare sense of privacy and exclusivity, while remaining perfectly positioned within Illovo — close to leading schools, premier shopping destinations, fine dining, and major transport routes. This is a bespoke urban home ideal for discerning buyers seeking quality, security, and timeless style.

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge
Balcony
Parking
Garage × 2

Features & amenities

modern designfully renovatedparquet flooringcustom fittingsenclosed balconywork-from-homegas heatingbiometric securitycommunal gardenpet-friendly

Price & ownership

Asking price R 1 800 000
Price per m² R 11 538
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 1,8M
Taxes + legal + admin fees R 58,7K

Rough split: 96.8% purchase price, 3.2% buying costs.

  • Asking price R 1 800 000
  • Transfer duty (est.) R 21 786
  • Deeds Office (transfer) R 1 564
  • Conveyancing (est., incl. VAT) R 35 305
  • Deeds lodgement R 52
  • Total indicative R 1 858 707

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 16 998 /month

Total paid over 20 years (deposit + repayments): R 4 259 507

Deposit 10% · R 180 000
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 1 620 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.