Sale
South Africa

2

Beds

1

Baths

1

Parking

300 m²

Floor area

House 2 beds 1 bath 300 m²

About this property

Overview

Discover modern living in this brand-new 2-bedroom, 1-bathroom home situated in a secure new development in Balfour, Mpumalanga. Perfect for first-time buyers, small families, or investors, this cozy home offers comfort and convenience in a safe, well-planned community.

Features

  • Open-plan lounge and kitchen designed for easy living
  • Modern finishes throughout
  • Low-maintenance design
  • Prime location close to essential amenities

Location & Community

Located in a secure new development with a welcoming neighbourhood atmosphere, this home provides peace of mind with safe surroundings and access to nearby amenities.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

secure developmentmodern finishesopen-planlow-maintenancenew build

Price & ownership

Asking price R 600 000
Price per m² R 2 000
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 600K
Taxes + legal + admin fees R 16,4K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 600 000
  • Deeds Office (transfer) R 521
  • Conveyancing (est., incl. VAT) R 15 870
  • Deeds lodgement R 52
  • Total indicative R 616 443

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 5 666 /month

Total paid over 20 years (deposit + repayments): R 1 419 836

Deposit 10% · R 60 000
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 540 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.