3
Beds
2
Baths
1
Parking
1,011 m²
Floor area
1,011 m²
Stand size
About this property
A magnificent double storey building with a balcony facing the ocean in the main bedroom. The property condition is very suitable for investors who want to add value to hold or sell. The house is a walking distance to the beach, with the CBD also a walking distance for days when one feels like not driving.
The neighbourhood is very secure with the police station within walking distance and there are various shops with a filling station nearby. The R61 is easily accessible to Margate Airport or King Shaka International Airport. Very good schools that the South Coast is popular for. Medical facilities are easily accessible.
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: 96.1% purchase price, 3.9% buying costs.
- Asking price R 2 200 000
- Transfer duty (est.) R 45 786
- Deeds Office (transfer) R 1 912
- Conveyancing (est., incl. VAT) R 41 045
- Deeds lodgement R 52
- Total indicative R 2 288 795
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 5 206 065
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 1 980 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.