Sale
South Africa

1

Baths

39 m²

Floor area

Apartment 1 bath 39 m²

About this property

Situated in the heart of Morningside, off Lillian Ngoyi (Windermere) Road, this 39 m² bachelor apartment in the established Beatrice Court complex offers an excellent entry point for the first-time buyer or savvy investor. The unit is located on the first floor of a compact, multi-storey brick complex with remote-controlled access gate and allocated open parking bay.

The open-plan living and sleeping area is generously proportioned for a studio, finished with fully tiled floors throughout and fitted with a ceiling fan. The kitchen offers built-in cupboards, while the bathroom includes a bathtub, basin and toilet. A built-in wardrobe is visible from the living space, adding practical storage. The complex features a central internal courtyard with tiled walkways and staircase access between floors.

Conveniently positioned, the property is a short stroll from the Woolworths Foodstop and Engen convenience centre (under 70 m), Mitchell Park and its zoo (approx. 360 m), Morningside Primary School (approx. 430 m), and the Thynk Square shopping node (approx. 480 m). Public transport routes along Lillian Ngoyi Road are easily accessible.

The unit is currently tenanted until end of July 2026, making it an immediately income-generating investment opportunity.

Rooms & layout

Open-plan Living/Sleeping Area
Kitchen
Bathroom
Open Parking Bay

Features & amenities

secure complexparkingtiled floorsbuilt in cupboardsfirst floortenant in placeremote controlled access gateallocated parkingtiled floors throughoutceiling fan

Price & ownership

Asking price R 540 000
Price per m² R 13 846
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 540K
Taxes + legal + admin fees R 15,5K

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

  • Asking price R 540 000
  • Deeds Office (transfer) R 469
  • Conveyancing (est., incl. VAT) R 14 973
  • Deeds lodgement R 52
  • Total indicative R 555 494

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 5 099 /month

Total paid over 20 years (deposit + repayments): R 1 277 852

Deposit 10% · R 54 000
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 486 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.