Sale
South Africa

2

Beds

1

Baths

1

Parking

81 m²

Floor area

House 2 beds 1 bath 81 m²

About this property

This well-maintained double-storey home in Pelican Park, Cape Town, is an excellent opportunity for first-time buyers or those looking to downscale, offered on a sole and exclusive mandate.

The ground floor offers an open-plan lounge and kitchen arrangement, with the kitchen fitted with built-in cupboards. A compact water feature with a stone-clad wall, wooden shelving and potted plants adds a charming touch to the sheltered entrance patio. The upper storey accommodates two well-sized bedrooms and a family bathroom.

Security is well considered, with an automated double garage providing secure off-street parking for two vehicles, ornate security gates at the entrance, and CCTV cameras installed on the property. The boundary is enclosed by a low-maintenance precast wall.

The location is highly convenient: Sid G. Rule Primary School is approximately 120 m away, Michaels Park is around the corner, and Eighth Avenue Shopping Centre as well as Victoria Mall are both within roughly 500–615 m. A selection of eateries and a service station are also a short stroll away.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Double Garage
Entrance Patio / Water Feature

Features & amenities

Security camerasAutomated garageBuilt in cupboardsOpen planAutomated double garageSecurity cameras / cctvSecurity gateOpen plan lounge kitchenWater featureEnclosed boundary wall

Price & ownership

Asking price R 770 000
Price per m² R 9 506
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 770K
Taxes + legal + admin fees R 19,1K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 770 000
  • Deeds Office (transfer) R 669
  • Conveyancing (est., incl. VAT) R 18 412
  • Deeds lodgement R 52
  • Total indicative R 789 133

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 7 271 /month

Total paid over 20 years (deposit + repayments): R 1 822 123

Deposit 10% · R 77 000
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 693 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.