Sale
South Africa

3

Beds

1

Baths

1

Parking

140 m²

Floor area

Apartment 3 beds 2 baths 140 m²

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

Bedroom × 3
Bathroom
Separate Toilet
Kitchen
Lounge
Garage

Features & amenities

Secure parkingBuilt in cupboardsGranite countertopsModern kitchenContemporary bathroomInvestment propertyRental opportunityStudent accommodation

Price & ownership

Asking price R 830 000
Price per m² R 5 929
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 830K
Taxes + legal + admin fees R 20,1K

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

R 7 838 /month

Total paid over 20 years (deposit + repayments): R 1 964 106

Deposit 10% · R 83 000
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 747 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.