Sale
South Africa

2

Beds

1

Baths

54 m²

Floor area

Apartment 2 beds 1 bath 54 m²

About this property

Overview

High up with harbour views, this new apartment on the market offers excellent investment potential. The space has been converted from a one-bedroom to a two-bedroom layout. Please note there is no separate living or dining room.

Features

  • Harbour views
  • Two bedrooms (converted from one bedroom)
  • Strong investment opportunity

Rooms & layout

Bedroom × 2
Bathroom
Kitchen

Features & amenities

harbour viewsapartmentinvestment

Price & ownership

Asking price R 550 000
Price per m² R 10 185
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 550K
Taxes + legal + admin fees R 15,7K

Rough split: 97.2% purchase price, 2.8% buying costs.

  • Asking price R 550 000
  • Deeds Office (transfer) R 478
  • Conveyancing (est., incl. VAT) R 15 122
  • Deeds lodgement R 52
  • Total indicative R 565 652

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 5 194 /month

Total paid over 20 years (deposit + repayments): R 1 301 516

Deposit 10% · R 55 000
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 495 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.