Sale
South Africa

2

Beds

1

Baths

1

Parking

46 m²

Floor area

Apartment 2 beds 1 bath 46 m²

About this property

This beautiful two bedroom apartment is a prime investment, already tenanted with students and run by student accommodation agency.

Property Features: This top-floor property has amazing views and features a modern kitchen with built-in cupboards, leading into a spacious living area. It offers one bathroom and two generously sized bedrooms, also with built-in cupboards.

Complex Features: Security complex with 24 hour security guards, secure parking bay areas, laundry facilities, communal garden spaces.

Situated in Glenhaven, Bellville South, this security complex is in proximity to public transport, opportunities of employment, and public amenities including schools, state hospitals and public libraries. It is also close to well-known tertiary institutions, with both the University of the Western Cape (UWC) and the Cape Peninsula University of Technology (CPUT) Bellville Campus only 1.2kms away, making this ideal for families and students. Bellville truly is a suburb that has something for everyone. Bellville benefits from proximity to the N1, making it easy to access everything Cape Town has to offer, including its beaches, wine farms, parks and nature reserves.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Security24 hour securityParkingBuilt in cupboardsModern kitchenTop floorViewsLaundry facilitiesCommunal gardenStudent accommodation

Price & ownership

Asking price R 980 000
Price per m² R 21 304
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 980K
Taxes + legal + admin fees R 22,5K

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

  • Asking price R 980 000
  • Deeds Office (transfer) R 852
  • Conveyancing (est., incl. VAT) R 21 551
  • Deeds lodgement R 52
  • Total indicative R 1 002 455

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 9 254 /month

Total paid over 20 years (deposit + repayments): R 2 319 065

Deposit 10% · R 98 000
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 882 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.