Sale
South Africa

2

Beds

2

Baths

1

Parking

90 m²

Floor area

Apartment 2 beds 2 baths 90 m²

About this property

Overview

Magnificently renovated sectional title apartment (90 m²) in a sought-after building in North Beach. Bright, airy spaces with natural light flowing throughout. Well-managed and maintained building located in prime North Beach, walking distance to the famous Promenade, beach, shopping centres, medical centre, ice rink and restaurants.

Features

  • Open-plan living area with spacious lounge and dining area
  • Spacious kitchen with built-in cupboards, quartz tops, hob, undercounter oven, and breakfast nook
  • Plumbed for washing machine
  • Enclosed balcony area
  • Main bedroom with built-in cupboards and high gloss, ultra-modern finishers
  • Two complete bathrooms with showers, toilets and bath tubs, renovated to high standard with top-of-the-range fixtures and fittings
  • One undercover parking bay

Location

Walking distance to:

  • Famous Promenade
  • Beach
  • Shopping centres
  • Medical centre
  • Ice rink
  • Restaurants

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Garage

Features & amenities

sectional titlerenovatedopen planbalconyparkingnear beach

Price & ownership

Asking price R 1 400 000
Price per m² R 15 556
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 1,4M
Taxes + legal + admin fees R 35,7K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 1 400 000
  • Transfer duty (est.) R 5 700
  • Deeds Office (transfer) R 1 217
  • Conveyancing (est., incl. VAT) R 28 750
  • Deeds lodgement R 52
  • Total indicative R 1 435 719

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 13 221 /month

Total paid over 20 years (deposit + repayments): R 3 312 950

Deposit 10% · R 140 000
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.