Sale
South Africa

2

Beds

2

Baths

2

Parking

74 m²

Floor area

Apartment 2 beds 2 baths 74 m²

About this property

Experience the best of both worlds at Riverstone. An immaculate wetland estate, giving you the space and tranquility you deserve, whilst connecting you to an abundance of modern city conveniences. Tucked away within the established Montecasio Precinct, these modern 2-bedroom apartments are the perfect fit for concerned first-time buyers, young couples and investors.

Stylish 2-Bedroom Apartment features:

  • 74m² floor area
  • Ground-floor unit with private garden
  • 1 covered and 1 open parking bay
  • Bright, open-plan living spaces
  • Space for 3 appliances
  • Modern kitchen with gas hob

Riverside amenities include 14,000m² of natural wetlands offering a private sanctuary with space for morning walks, natural encounters and spectacular Highveld sunsets.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 2

Features & amenities

gardenparkingopen-planwetlandsmodernground-floorsecurity estate

Price & ownership

Asking price R 1 650 000
Price per m² R 22 297
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 1,7M
Taxes + legal + admin fees R 47,6K

Rough split: 97.2% purchase price, 2.8% buying costs.

  • Asking price R 1 650 000
  • Transfer duty (est.) R 13 200
  • Deeds Office (transfer) R 1 434
  • Conveyancing (est., incl. VAT) R 32 890
  • Deeds lodgement R 52
  • Total indicative R 1 697 576

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 15 581 /month

Total paid over 20 years (deposit + repayments): R 3 904 548

Deposit 10% · R 165 000
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.