Sale
South Africa

2

Beds

1

Baths

Apartment 2 beds 1 bath

About this property

Overview

Magnificent sectional title apartment with parking in a prime beachfront location. Ideal as a holiday home or income-generating investment apartment.

Features

  • 1.5 bedrooms
  • Enclosed balcony
  • Plenty of built-in cupboards
  • Fitted kitchen

Location & Amenities

  • Right next door to the Ice Rink
  • Short stroll to Suncoast Entertainment World
  • Next door to Spar Supermarket and KFC
  • Across the road from the Promenade, North Beach & Prestige Hotels, and Mini Town
  • All amenities on your doorstep

Security

  • 24/7 manned security

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

parkingbalconysecuritybeachfrontfitted kitchenbuilt-in cupboardssectional title

Price & ownership

Asking price R 910 000
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 910K
Taxes + legal + admin fees R 21,3K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 910 000
  • Deeds Office (transfer) R 791
  • Conveyancing (est., incl. VAT) R 20 505
  • Deeds lodgement R 52
  • Total indicative R 931 348

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 8 593 /month

Total paid over 20 years (deposit + repayments): R 2 153 418

Deposit 10% · R 91 000
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 819 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.