Sale
South Africa

2

Beds

1

Baths

1

Parking

53 m²

Floor area

Apartment 2 beds 1 bath 53 m²

About this property

An excellent entry-level opportunity for the first-time buyer looking to step off the rental ladder and into ownership. This ground-floor, two-bedroom apartment spans 53 m² and has been fully renovated throughout, featuring gleaming porcelain tile floors across the living areas, kitchen, and bedrooms. The lounge is a comfortable size, easily accommodating a full lounge suite and flat-screen television. The kitchen offers practical cabinetry with a single-bowl stainless-steel sink, electric hob and oven, an upright fridge-freezer, microwave, and kettle — a well-equipped space for everyday cooking. A top-loader washing machine is also housed within the kitchen area. The bathroom is fitted with a shower cubicle. Being on the ground floor means no stairs and easy access — ideal for elderly occupants or young families.

The property is superbly located within the Austerville community. Medical services are within easy reach, with HR Healthcare Incorporated and Medical And Dental Care both approximately 180–190 m away. Interfellowship Christian School is around 390 m away, while Collingwood Primary School, Austerville Primary School, and Wentworth Primary School are all within 750 m — making school runs effortlessly short. SPAR Austerville is roughly 756 m away for daily grocery needs.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

ground floorfully renovatedshower cubiclenear schoolsporcelain tile floorselectric stove and ovenfridge freezer includedwashing machine pointnear medical centreground floor access

Price & ownership

Asking price R 510 000
Price per m² R 9 623
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 510K
Taxes + legal + admin fees R 15K

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

  • Asking price R 510 000
  • Deeds Office (transfer) R 443
  • Conveyancing (est., incl. VAT) R 14 524
  • Deeds lodgement R 52
  • Total indicative R 525 019

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 4 816 /month

Total paid over 20 years (deposit + repayments): R 1 206 860

Deposit 10% · R 51 000
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 459 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.