Sale
South Africa

1

Beds

1

Baths

1

Parking

Apartment 1 bed 1 bath

About this property

Highly sought-after Lower North Beach! This studio share block apartment features an open-plan living area, bedroom, kitchen, and full bathroom. Comes with a parking spot, ensuring secure parking—rare for this type of property. Located in Lower North Beach, close to cafes, restaurants, boutique shops, and beaches. Perfect for first-time buyers or investors. An excellent opportunity in a prime location.

Rooms & layout

Bedroom
Bathroom
Kitchen
Living Area
Parking
Garage

Features & amenities

studiosecure parkingbeach proximityopen-planfirst-time buyer

Price & ownership

Asking price R 600 000
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 600K
Taxes + legal + admin fees R 16,4K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 600 000
  • Deeds Office (transfer) R 521
  • Conveyancing (est., incl. VAT) R 15 870
  • Deeds lodgement R 52
  • Total indicative R 616 443

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 5 666 /month

Total paid over 20 years (deposit + repayments): R 1 419 836

Deposit 10% · R 60 000
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 540 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.