Sale
South Africa

1

Beds

1

Baths

33 m²

Floor area

Apartment 1 bed 1 bath 33 m²

About this property

A compact 1-bedroom lock-up-and-go apartment set within a well-established four-storey residential complex in Maitland, Cape Town. At 33 m², this entry-level unit is ideally suited as a starter home or buy-to-let investment in a high-demand rental corridor close to Cape Town's CBD.

The open-plan kitchen and living area features an L-shaped white cabinetry layout with chrome bar handles, dark granite-effect countertops, a decorative bread-themed printed splashback, a 4-plate electric hob with undercounter oven, and a single-basin sink. Beige ceramic floor tiles run throughout. A geyser and copper plumbing installation are housed within a dedicated kitchen alcove with cabinetry above and a tiled surround below. The unit is sold as-is, presenting genuine scope for cosmetic renovation to unlock further value.

The complex presents a neat white and grey rendered façade across four storeys with uniform aluminium-framed windows. The brick-paved internal courtyard provides generous off-street parking for residents. Security features include 24-hour manned access control and biometric fingerprint entry. On-site amenities include a laundry facility and a convenience shop — ideal for a low-maintenance lifestyle.

Location convenience is exceptional: Shoprite Maitland is just 41 m away for daily grocery needs, and Amstel Park is approximately 144 m from the door — a pleasant green escape within easy reach. KFC Maitland (93 m) and several eateries are moments away, while Holy Cross High School lies roughly 374 m away, making this an attractive option for families or investors targeting the student and young-professional rental market. Maitland is strategically positioned between Cape Town's CBD and surrounding commercial nodes, with easy access to both the N1 and N2 highway corridors — a compelling proposition for investors and first-time buyers alike.

Rooms & layout

Open-plan Kitchen / Living Area
Bedroom 1
Bathroom
Parking Bay

Features & amenities

lock up and gosecurityinvestmentstarter homeparkingkitchenopen planwhite kitchengas hobsecurity entrance

Price & ownership

Asking price R 570 000
Price per m² R 17 273
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 570K
Taxes + legal + admin fees R 16K

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

  • Asking price R 570 000
  • Deeds Office (transfer) R 495
  • Conveyancing (est., incl. VAT) R 15 421
  • Deeds lodgement R 52
  • Total indicative R 585 968

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 5 383 /month

Total paid over 20 years (deposit + repayments): R 1 348 844

Deposit 10% · R 57 000
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 513 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.