Sale
South Africa

1

Beds

1

Baths

1

Parking

43 m²

Floor area

Apartment 1 bed 1 bath 43 m²

About this property

Great Investment Opportunity!

Welcome to your new, upscale apartment situated on the first floor, offering breathtaking views.

This charming and stylish studio apartment is ideally located opposite Porsche, providing easy access to renowned restaurants, shopping malls, cafes, and a vibrant nightlife.

First floor studio apartment is perfectly positioned in this complex.

As you enter the unit you're greeted by the wardrobes and a beautiful bathroom.

Open plan kitchen with granite counter tops and space for a water appliances.

Bedroom is uniquely separated from the living space, leading out to a balcony. The living area is spacious. The unit windows are clothe with roman blinds and there's an aircon to make it cooler and warmer when its cold.

Nice size studio with built in cupboards.

Bathroom with a shower.

1 covered parking bay

Ample visitors parking

Fiber ready

The Matrix offers a clubhouse with swimming pool and braai facilities.

24/7 access controlled security

Rooms & layout

Bedroom
Bathroom
Kitchen
Lounge
Garage

Features & amenities

balconyairconbuilt-in cupboardsgranite countertopsfiber readyswimming poolbraai facilities24/7 securityaccess controlledparking

Price & ownership

Asking price R 550 000
Price per m² R 12 791
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 550K
Taxes + legal + admin fees R 15,7K

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

  • Asking price R 550 000
  • Deeds Office (transfer) R 478
  • Conveyancing (est., incl. VAT) R 15 122
  • Deeds lodgement R 52
  • Total indicative R 565 652

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 5 194 /month

Total paid over 20 years (deposit + repayments): R 1 301 516

Deposit 10% · R 55 000
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 495 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.