Sale
South Africa

3

Beds

2

Baths

227 m²

Floor area

Apartment 3 beds 2 baths 227 m²

About this property

Presented by Dormehl Phalane Glenwood, this generously proportioned penthouse apartment in Essenwood offers an impressive 227 m² of internal living space in the well-maintained Kurlingham block on Musgrave Road. The top-floor position delivers a sense of space and light that is immediately apparent in the sweeping open-plan lounge and dining area, which flows effortlessly across dark-toned carpeting beneath coffered ceilings fitted with a ceiling fan. A full-height glazed partition separates the main living zone from an adjoining study or entertainment alcove, while a large built-in entertainment unit with display shelving anchors the room. Three bedrooms are all fitted with built-in cupboards, and two bathrooms serve the unit — the main en suite to the primary bedroom. A dedicated laundry room adds everyday practicality, and the standout feature is the very large patio and deck that wraps the penthouse, offering stunning elevated views across the Berea ridge. Two undercover parking bays complete the package. The block is excellently managed and ideally positioned: Musgrave Centre and its Checkers supermarket and Food Lover's Market are within approximately 300 m, St. Clements Restaurant is a mere 141 m away, and Country Bake is just 140 m from the door.

Rooms & layout

Bedroom × 3
Bathroom × 2
Lounge
Dining Room
Room × 2
Patio / Deck

Features & amenities

built in cupboardsopen planen suitepatiodeckundercover parkingwell run blockclose to amenitiestop flooropen plan living

Price & ownership

Asking price R 2 500 000
Price per m² R 11 013
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 2,5M
Taxes + legal + admin fees R 114,3K

Rough split: 95.6% purchase price, 4.4% buying costs.

  • Asking price R 2 500 000
  • Transfer duty (est.) R 67 200
  • Deeds Office (transfer) R 2 173
  • Conveyancing (est., incl. VAT) R 44 825
  • Deeds lodgement R 52
  • Total indicative R 2 614 250

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 23 608 /month

Total paid over 20 years (deposit + repayments): R 5 915 982

Deposit 10% · R 250 000
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 2 250 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.