Sale
South Africa

2

Beds

1

Baths

60 m²

Floor area

Apartment 2 beds 1 bath 60 m²

About this property

Positioned in one of Kenilworth Upper's most sought-after pockets, this well-designed contemporary apartment in The Richmond offers a turnkey lifestyle with strong rental appeal.

The apartment delivers two generously sized bedrooms, both comfortably accommodating double beds and fitted with ample cupboard space. A full bathroom services the unit, complete with shower, bath, basin, and toilet — ideal for owner-occupiers and tenants alike.

The open-plan living and dining area is light-filled and spacious, flowing seamlessly into a modern kitchen finished with gloss-white cabinetry, grey splashback tiles, and integrated appliances including a microwave and electric hob. Large folding glass doors open onto a private balcony that captures a pleasant leafy suburban outlook, flooding the interior with natural light.

A major differentiator for this unit is its two dedicated open parking bays within the complex — a significant advantage in the area and a strong driver of rental demand. The unit measures 60 m² internally and is move-in ready.

Just steps away, residents enjoy an exceptional dining precinct: Hartlief Constantia Deli, Stock and Stable, Old Town Italy, and Chardonnay Deli are all within approximately 160 m. The Silverhurst Greenbelt and trail are under 340 m away for weekend walks, while Constantia Waldorf School is roughly 1 km from the door.

Additional features: prepaid electricity and water, pet-friendly on application to the Body Corporate, low rates and levies, well-managed block, no Airbnb permitted.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge/Dining Area
Balcony
Room × 2

Features & amenities

ParkingBalconyModernOpen planPet friendlyPrepaid utilitiesSecurity estateLeafy outlookOpen plan livingModern kitchen

Price & ownership

Asking price R 2 500 000
Price per m² R 41 667
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 2,5M
Taxes + legal + admin fees R 114,3K

Rough split: 95.6% purchase price, 4.4% buying costs.

  • Asking price R 2 500 000
  • Transfer duty (est.) R 67 200
  • Deeds Office (transfer) R 2 173
  • Conveyancing (est., incl. VAT) R 44 825
  • Deeds lodgement R 52
  • Total indicative R 2 614 250

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 23 608 /month

Total paid over 20 years (deposit + repayments): R 5 915 982

Deposit 10% · R 250 000
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 2 250 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.