Sale
South Africa

1

Beds

1

Baths

57 m²

Floor area

Apartment 1 bed 1 bath 57 m²

About this property

Overview

Discover contemporary urban living in this stylish 1-bedroom, 1-bathroom modern flat, perfectly situated on the iconic Florida Road. Whether you're looking for a prime investment opportunity or a primary residence, this versatile property is an excellent choice.

Features

The flat boasts a sleek, open-concept layout, seamlessly integrating the lounge, dining space, and kitchen to create a spacious and inviting atmosphere. Large windows flood the living area with natural light, enhancing the sense of openness and modern appeal.

The well-designed bedroom features built-in storage solutions, ensuring a clutter-free and efficient living space. The bathroom is fitted with contemporary fixtures and a minimalist aesthetic, adding to the flat's sophisticated charm.

Investment Potential

With its sought-after location and Airbnb potential, this flat offers the perfect blend of convenience, style, and investment value.

Rooms & layout

Bedroom
Bathroom
Lounge
Kitchen
Dining Area

Features & amenities

modernbuilt-in storageopen-conceptnatural lightinvestment opportunityAirbnb potential

Price & ownership

Asking price R 1 000 000
Price per m² R 17 544
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 1M
Taxes + legal + admin fees R 22,8K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 000 000
  • Deeds Office (transfer) R 869
  • Conveyancing (est., incl. VAT) R 21 850
  • Deeds lodgement R 52
  • Total indicative R 1 022 771

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 9 443 /month

Total paid over 20 years (deposit + repayments): R 2 366 393

Deposit 10% · R 100 000
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 900 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.