Sale
South Africa

1

Beds

2

Baths

2

Parking

72 m²

Floor area

Commercial 2 beds 2 baths 72 m²

About this property

Modern and well-laid-out two-bedroom, two-bathroom apartment in the sought-after Pullman / Stonehill Place, offering excellent investment value in the heart of the CBD with plenty of city views from the living areas.

The unit features a main bedroom with en-suite shower and toilet, as well as a separate guest bathroom with shower and toilet. The second, smaller bedroom is ideal as a home office or study, perfect for remote professionals or short-term guests. The open-plan lounge and kitchen create a bright, comfortable living space.

Short-term letting is permitted, making this an attractive option for investors seeking strong, flexible rental returns.

Building features include: 24-hour security and concierge, rooftop pool and gym, on-site restaurant and coffee shop, secure parking, and prime central location near business and lifestyle amenities. A solid investment opportunity in a professionally managed, hotel-style development with consistent rental and short-term demand.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 2

Features & amenities

SecurityConciergePoolGymRestaurantCoffee shopParkingCity viewsOpen planInvestment property

Price & ownership

Asking price R 3 800 000
Price per m² R 52 778
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 3,8M
Taxes + legal + admin fees R 259,9K

Rough split: 93.6% purchase price, 6.4% buying costs.

  • Asking price R 3 800 000
  • Transfer duty (est.) R 195 356
  • Deeds Office (transfer) R 3 302
  • Conveyancing (est., incl. VAT) R 61 205
  • Deeds lodgement R 52
  • Total indicative R 4 059 915

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 35 885 /month

Total paid over 20 years (deposit + repayments): R 8 992 293

Deposit 10% · R 380 000
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 3 420 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.