Sale
South Africa

12

Beds

6

Baths

6

Parking

743 m²

Floor area

Apartment 12 beds 6 baths 743 m²

About this property

12 bedroom apartment complex for sale with great rental income. Fantastic investment opportunity. This complex consists of 5 units: 3 units with 2 bedrooms and 2 units with 3 bedrooms. Double-story complex with ample parking. Every apartment has a built-in braai on their own patio or balcony with the exception of one upstairs unit. The units include a modern open plan kitchen in each unit with a spacious lounge/family room. All rooms have built-in cupboards and bathrooms have showers and baths. Secure parking for each unit and access gate. Situated in a quiet street in a very popular suburb. Schoemansville is a lovely suburb, close to Village Mall, schools, and doctors' offices. With tenants currently in each unit, this is a perfect investment opportunity with low maintenance.

Rooms & layout

Bedroom × 12
Bathroom × 6
Kitchen
Lounge/Family Room
Garage × 6

Features & amenities

Investment propertyApartment complexBraaiSecure parkingAccess gateRental incomeLow maintenanceModern kitchen

Price & ownership

Asking price R 5 200 000
Price per m² R 6 999
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 5,2M
Taxes + legal + admin fees R 431,4K

Rough split: 92.3% purchase price, 7.7% buying costs.

  • Asking price R 5 200 000
  • Transfer duty (est.) R 349 356
  • Deeds Office (transfer) R 4 519
  • Conveyancing (est., incl. VAT) R 77 512
  • Deeds lodgement R 52
  • Total indicative R 5 631 439

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 49 105 /month

Total paid over 20 years (deposit + repayments): R 12 305 244

Deposit 10% · R 520 000
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 4 680 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.