Sale
South Africa

2

Beds

1

Baths

1

Parking

70 m²

Floor area

Apartment 2 beds 1 bath 70 m²

About this property

This delightful 2-bedroom apartment in Pinewin Place offers light-filled, lock-up-and-go living in the heart of Diep River, one of Cape Town's well-loved Southern Suburbs. Set in a well-maintained three-storey complex with a secured, gated parking forecourt, the unit is ideal for first-time buyers, downsizers, or savvy investors — a tenant is currently in place, providing immediate rental income potential.

Inside, a generously proportioned lounge flows effortlessly through to a separate kitchen, with natural light pouring in through recently upgraded aluminium-framed windows. The lounge is versatile enough to accommodate both a relaxed seating area and a dining space, as confirmed by the interiors. Two well-sized bedrooms are served by a full bathroom plus a separate guest loo — a practical touch that adds everyday convenience. The unit comes with a dedicated parking bay and a private garage.

Diep River Railway Station is roughly 245 m away, making city commutes straightforward. Café Zeechi and The Block Cafe are within 111 m, while Tramways Village shopping centre is approximately 150 m away. Westcott Primary School and several nursery schools are all within easy walking distance, rounding out a location that works equally well for families and professionals.

Rooms & layout

Bedroom × 2
Bathroom
Separate Loo
Lounge
Kitchen
Garage

Features & amenities

securelock up and gowell maintained complexaluminium windowsparkinggaragetenant in placeclose to amenitiessecure complexgated parking

Price & ownership

Asking price R 1 550 000
Price per m² R 22 143
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.