Sale
South Africa

2

Beds

2

Baths

1

Parking

72 m²

Floor area

Apartment 2 beds 2 baths 72 m²

About this property

This apartment is in a sought-after apartment complex which is a street away from the beach. Located on the middle floor which allows for easy access to the unit as well as its garage. This 2 Bedroom 2 Bathroom allows for Holiday Rentals. The stylish apartment is an investment opportunity and priced to sell soon. Either a lock up and go, or convenient seaside lifestyle, with all amenities within walking distance. The apartment also comes with a single lock up garage. The complex is walled around and has an easy access to the beach road. It has a communal pool and braai area.

Rooms & layout

Bedroom × 2
Bathroom × 2
Garage

Features & amenities

beach proximitycommunal poolbraai areasecurity gateslock up garageholiday rental potential

Price & ownership

Asking price R 2 450 000
Price per m² R 34 028
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 2,5M
Taxes + legal + admin fees R 109,6K

Rough split: 95.7% purchase price, 4.3% buying costs.

  • Asking price R 2 450 000
  • Transfer duty (est.) R 63 200
  • Deeds Office (transfer) R 2 129
  • Conveyancing (est., incl. VAT) R 44 195
  • Deeds lodgement R 52
  • Total indicative R 2 559 576

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 23 136 /month

Total paid over 20 years (deposit + repayments): R 5 797 663

Deposit 10% · R 245 000
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 2 205 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.