Apartment for sale

R 890 000

New Town Centre , Umhlanga , KwaZulu-Natal

Beds

Baths

Parking

42 m²

Floor area

Apartment 1 bed 1 bath 42 m²

About this property

Prime Property presents Central Park apartment for sale. Fully fitted open plan kitchen lounge area, 1 bedroom, 1 bathroom. Under cover parking. 24 hour security. Safe secure unit with swimming pool and gym to be used. Close to all shops and schools. Good investment property.

Rooms & layout

Bedroom 1

Bathroom

Kitchen

Lounge

Parking

Garage

Features & amenities

24 hour securitySwimming poolGymUndercover parkingOpen plan kitchenInvestment property

Price & ownership

Asking price R 890 000

Price per m² R 21 190

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 890K

Taxes + legal + admin fees R 21K

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

Asking price R 890 000
Deeds Office (transfer) R 773
Conveyancing (est., incl. VAT) R 20 206
Deeds lodgement R 52
Total indicative R 911 031

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 8 405 /month

Total paid over 20 years (deposit + repayments): R 2 106 090

Deposit 10% · R 89 000

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 801 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.