3
Beds
2
Baths
1
Parking
95 m²
Floor area
About this property
Overview
This modern 3-bedroom first floor apartment is located in the secure Magnolia Ridge development, nestled in the heart of Waterval East, Rustenburg. With an open-plan kitchen featuring premium finishes and a gas stove, this unit offers a stylish and functional living space. The bright and airy living area is designed for comfort, making it an ideal home for families or professionals.
Key Features
- 3 bedrooms with built-in cupboards
- Open-plan kitchen with premium finishes and gas stove
- Spacious, well-lit living area
- Secure parking
- 24-hour security and access-controlled entry
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.8% purchase price, 2.2% buying costs.
- Asking price R 1 200 000
- Deeds Office (transfer) R 1 043
- Conveyancing (est., incl. VAT) R 25 300
- Deeds lodgement R 52
- Total indicative R 1 226 395
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
Total paid over 20 years (deposit + repayments): R 2 839 672
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 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.