Sale
South Africa

3

Beds

2

Baths

4

Parking

146 m²

Floor area

House 3 beds 2 baths 146 m²

About this property

Discover your dream home in the secure and sought-after Penny Lane complex in Lincoln Meade. This charming simplex offers 3 well-appointed bedrooms, including a main ensuite, along with a neat family bathroom. For those who love cooking or entertaining, the home features a beautiful open-plan kitchen with granite countertops, seamlessly flowing into the lounge and dining area - perfect for family time and relaxed gatherings.

Step outside and enjoy your own private garden, an ideal play space for kids, a haven for pets, or a peaceful corner to unwind - making this home perfect for growing families as well as retired couples looking for a secure lock-up-and-go lifestyle.

The complex boasts an impressive communal leisure area, complete with two sparkling pools and a clubhouse - a fantastic venue for children's parties, weekend braais, or even watching the rugby with friends.

Safe, stylish, and family-friendly - this home ticks all the boxes.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Area
Garage × 4

Features & amenities

gardensecuritybraaipoolclubhouseopen-plan kitchengranite countertopsensuitefamily-friendlysecure complex

Price & ownership

Asking price R 1 450 000
Price per m² R 9 932
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 1,5M
Taxes + legal + admin fees R 38,1K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 450 000
  • Transfer duty (est.) R 7 200
  • Deeds Office (transfer) R 1 260
  • Conveyancing (est., incl. VAT) R 29 612
  • Deeds lodgement R 52
  • Total indicative R 1 488 124

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 13 693 /month

Total paid over 20 years (deposit + repayments): R 3 431 270

Deposit 10% · R 145 000
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 1 305 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.