Sale
South Africa

2

Beds

1

Baths

160 m²

Floor area

House 2 beds 1 bath 160 m²

About this property

Affordable two-bedroom starter home in Philippi East, Cape Town, offered for sale at R250 000 — an accessible entry-level opportunity for a first-time buyer or buy-to-let investor looking to enter the Cape Town property market.

The single-storey dwelling comprises two bedrooms, an open-plan lounge/kitchen and a bathroom. The exterior walls are rendered in a distinctive salmon/terracotta plaster finish beneath a corrugated fibre-cement roof. The property sits within a fully enclosed, matching plastered boundary wall with concrete-capped pillars, accessed via a metal security gate. Security bars are fitted to all visible windows and the entrance gate, providing a solid first line of protection.

The enclosed yard offers a generous outdoor area — currently overgrown with grass and wild flowers — presenting real scope for landscaping, a vegetable garden or a children's play area. A timber washing-line post with strung cord is installed in the rear yard. A narrow side passage runs between the property boundary wall and the neighbouring concrete-block structure, providing utility access. Some damp/standing water is visible in the side passage and buyers are advised to inspect the drainage.

Note: the recorded unit area of 160 m² appears unusually large for the bedroom count and is likely to reflect the stand/erf size rather than internal floor area; buyers are advised to confirm measurements independently.

The neighbourhood is well serviced: Sophumelela Secondary School is approximately 710 m away, Philippi Children's Centre and Nal'uxolo Primary School are under 890 m from the property, and Tembalethu Supermarket is roughly 890 m away — all within comfortable walking distance.

Rooms & layout

Bedroom × 2
Open-plan Lounge/Kitchen
Bathroom

Features & amenities

boundary wallsecurity gateburglar barscorrugated roofopen plan lounge/kitchenenclosed yardwashing linefirst time buyersingle storeyaffordable

Price & ownership

Asking price R 240 000
Price per m² R 1 500
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 240K
Taxes + legal + admin fees R 10,5K

Rough split: 95.8% purchase price, 4.2% buying costs.

  • Asking price R 240 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 9 995
  • Deeds lodgement R 52
  • Total indicative R 250 481

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 2 266 /month

Total paid over 20 years (deposit + repayments): R 567 934

Deposit 10% · R 24 000
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 216 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.