Sale
South Africa

3

Beds

2

Baths

2

Parking

111 m²

Floor area

Apartment 3 beds 2 baths 111 m²

About this property

Overview

This stunning three-bedroom loft apartment in the prestigious Palm Lakes Estate offers modern living with spacious interiors and luxurious features. The open-plan concept living boasts high ceilings, large windows, and a contemporary kitchen. With its perfect blend of style and functionality, this apartment offers a relaxing haven while being part of a vibrant community, just steps away from serene lake views.

Bedrooms & Bathrooms

Each of the three bedrooms is designed with comfort in mind, including an ensuite bathroom for added privacy and convenience. The third bedroom is a unique loft bedroom, privately situated upstairs, offering an intimate retreat with elevated views.

Kitchen & Living Spaces

The open-plan lounge leads onto a covered outdoor balcony that overlooks the surrounding nature. The kitchen features a built-in stove and oven with plenty of cupboard space.

Parking

The unit is allocated two parking bays, one of which is covered. Plenty of visitor parking is also available.

Estate Amenities

Residents enjoy access to a host of communal facilities:

  • Swimming pools
  • Tennis courts
  • Mama G's restaurant with takeaway service
  • Mini Palms Playground and pool area with AstroTurf / Soccer Turf
  • Stunning hiking trails
  • Dams for fishing (catch and release only) with small boats permitted
  • Dragonfly Clubhouse with slide pools
  • Golf driving range
  • Pump track and skate park

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Garage × 2

Features & amenities

loft apartmenthigh ceilingsopen planlake viewsbalconybuilt-in kitchenensuitecovered parkingswimming pooltennis courts

Price & ownership

Asking price R 1 700 000
Price per m² R 15 315
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 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 1 700 000
  • Transfer duty (est.) R 15 786
  • Deeds Office (transfer) R 1 477
  • Conveyancing (est., incl. VAT) R 33 695
  • Deeds lodgement R 52
  • Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.