Sale
South Africa

2

Beds

1

Baths

1

Parking

71 m²

Floor area

Apartment 2 beds 1 bath 71 m²

About this property

Don't miss out on this incredible investment opportunity! Ideally situated close to the estuary, shops, and popular restaurants, this two-bedroom apartment offers unbeatable convenience and lifestyle appeal.

The apartment is a blank canvas, ready for you to design and finish to your personal taste. Featuring two separate rooms, a lounge area, and a kitchen space, it presents endless potential to create a modern retreat or profitable rental property.

While the property does require some TLC and furnishing, it provides the perfect opportunity to add value and unlock its full potential.

Opportunities like this are rare in such a sought-after location — call today to arrange your private viewing!

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Parking
Garage

Features & amenities

Close to estuaryClose to shopsClose to restaurantsInvestment opportunityBlank canvasRequires renovation

Price & ownership

Asking price R 870 000
Price per m² R 12 254
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 870K
Taxes + legal + admin fees R 20,7K

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

  • Asking price R 870 000
  • Deeds Office (transfer) R 756
  • Conveyancing (est., incl. VAT) R 19 907
  • Deeds lodgement R 52
  • Total indicative R 890 715

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 8 216 /month

Total paid over 20 years (deposit + repayments): R 2 058 762

Deposit 10% · R 87 000
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 783 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.