Sale
South Africa

2

Beds

2

Baths

70 m²

Floor area

Commercial 2 beds 2 baths 70 m²

About this property

Last remaining unit of Phase 1 in this modern, sought-after development – available again. Ready for immediate occupation (by registration date). Located on the 1st floor with contemporary design and high-end finishes. Investment highlights: estimated 7.5% annual rental return and projected 6% capital growth year on year. Perfect for investors or first-time buyers. Prime location near Valley Hyper and the brand-new Matumi Retail Park, offering both convenience and future value in a fast-growing area. No transfer fees – buy direct from the developer!

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge

Features & amenities

apartmentmodern finishesinvestment propertyfirst-time buyernear retail parksecure development

Price & ownership

Asking price R 1 050 000
Price per m² R 15 000
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 1,1M
Taxes + legal + admin fees R 23,7K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 050 000
  • Deeds Office (transfer) R 912
  • Conveyancing (est., incl. VAT) R 22 713
  • Deeds lodgement R 52
  • Total indicative R 1 073 677

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 9 915 /month

Total paid over 20 years (deposit + repayments): R 2 484 713

Deposit 10% · R 105 000
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 945 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.