Sale
South Africa

2

Beds

1

Baths

2

Parking

70 m²

Floor area

Apartment 2 beds 1 bath 70 m²

About this property

First Floor Apartment for Sale in Secure Complex – Ideal Investment or First-Time Buy

Situated in a well-maintained 24-hour security complex, this first-floor apartment is the perfect opportunity for first-time buyers or investors looking for a secure and low-maintenance property.

The unit offers a spacious open-plan lounge and kitchen, creating a comfortable living area with good natural light. The apartment features two well-sized bedrooms and a full bathroom designed for convenience and functionality.

Additional features include two allocated parking bays as well as extra visitors' parking within the complex.

This property offers secure living with excellent investment potential, making it an ideal choice for buyers entering the property market or expanding their investment portfolio.

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Kitchen
Parking
Garage × 2

Features & amenities

Secure complex24 hour securityFirst floor apartmentOpen plan lounge and kitchenParking baysVisitors parkingInvestment propertyFirst time buyer friendly

Price & ownership

Asking price R 640 000
Price per m² R 9 143
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 640K
Taxes + legal + admin fees R 17,1K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 640 000
  • Deeds Office (transfer) R 556
  • Conveyancing (est., incl. VAT) R 16 468
  • Deeds lodgement R 52
  • Total indicative R 657 076

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 6 044 /month

Total paid over 20 years (deposit + repayments): R 1 514 492

Deposit 10% · R 64 000
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 576 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.