3
Beds
1
Baths
1
Parking
140 m²
Floor area
About this property
This generously sized three-bedroom apartment presents a strong investment opportunity in the sought-after Pelham area. Offering excellent rental appeal, the unit features three well-proportioned bedrooms with built-in cupboards, ideal for student accommodation, young professionals, or small families.
The modern kitchen is fitted with granite countertops, ample built-in cupboards, and quality appliances including an oven, stove, and hob, ensuring low maintenance and long-term tenant satisfaction. A contemporary bathroom with bath, shower, and basin is complemented by a separate toilet, adding practicality for multi-tenant living.
Located in a neat, well-managed complex with secure parking, the apartment provides peace of mind and consistent demand. Its prime location close to shopping malls, a public library, creches, high schools, and the University of KwaZulu-Natal makes it particularly attractive for student and professional rentals, supporting strong occupancy and reliable returns.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.6% purchase price, 2.4% buying costs.
- Asking price R 830 000
- Deeds Office (transfer) R 721
- Conveyancing (est., incl. VAT) R 19 309
- Deeds lodgement R 52
- Total indicative R 850 082
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
Total paid over 20 years (deposit + repayments): R 1 964 106
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 747 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.