Sale
South Africa

1

Beds

1

Baths

1

Parking

40 m²

Floor area

Apartment 1 bed 1 bath 40 m²

About this property

Newly renovated 1 bedroom apartment in highly sought-after ocean view retirement complex for persons over 50 years old.

Features:

  • Open plan lounge-kitchen
  • Bedroom with ensuite bathroom
  • Brand new built-in cupboards in kitchen and bedroom
  • Newly tiled bathroom with huge shower
  • New floor tiles throughout
  • Air-conditioner in lounge
  • Emergency buttons in bathroom, bedroom and lounge
  • Secure undercover parking included

Complex Amenities:

  • Library, lounge, laundry and dining room
  • On-site manager
  • Weekly servicing
  • 24 hour emergency call service
  • Weekly advisory clinic
  • Access to frail care if required
  • Optional lunch available for R35.00

Levies include: Electricity, water, rates, maintenance, on-site manager, weekly servicing, 24 hour emergency call, weekly advisory clinic, undercover parking, building insurance and garden services. No special levies ever.

Sold on Life Rights basis. Not an investment property - unit cannot be let, no profit sharing on resale.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen
Parking
Garage

Features & amenities

retirement complexocean viewair-conditionerensuite bathroomsecurityemergency callparkingfrail care

Price & ownership

Asking price R 570 000
Price per m² R 14 250
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 570K
Taxes + legal + admin fees R 16K

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

  • Asking price R 570 000
  • Deeds Office (transfer) R 495
  • Conveyancing (est., incl. VAT) R 15 421
  • Deeds lodgement R 52
  • Total indicative R 585 968

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 5 383 /month

Total paid over 20 years (deposit + repayments): R 1 348 844

Deposit 10% · R 57 000
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 513 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.