Sale
South Africa

1

Beds

1

Baths

1

Parking

43 m²

Floor area

Apartment 1 bed 1 bath 43 m²

About this property

Transfer costs included! Apartments at Reef Acres Springs are 35m² – 50m² featuring bachelor, 1-bedroom, 1 bathroom. Live and love life your way in your very own spacious and secure home. Reef Acres Springs is quiet, private and beautifully kept. These splendid homes are perfect for those venturing out on their own and young families looking for a bit more space.

Affordable quality living: From only R320,000 these spacious quality homes are great for those looking for a little more room and independence. The peaceful complex is perfect for small families too.

Spacious & private: Reef Acres Springs gives you the privacy you've been longing for. Rooms are large & airy and bedrooms include built-in cupboards. Relax and unwind in a quiet and comfortable space after a long day.

Safe & secure: Own a home where your safety is a priority. The complex has 24-hour security and biometric access. Secure parking is included.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage

Features & amenities

24-hour securitybiometric accesssecure parkingbuilt-in cupboardscomplex

Price & ownership

Asking price R 320 000
Price per m² R 7 442
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 320K
Taxes + legal + admin fees R 11,8K

Rough split: 96.4% purchase price, 3.6% buying costs.

  • Asking price R 320 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 11 342
  • Deeds lodgement R 52
  • Total indicative R 331 828

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 3 022 /month

Total paid over 20 years (deposit + repayments): R 757 246

Deposit 10% · R 32 000
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 288 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.