Sale
South Africa

2

Beds

1

Baths

2

Parking

73 m²

Floor area

Commercial 2 beds 1 bath 73 m²

About this property

Positioned above the main road in the ever-convenient suburb of Plumstead, this 2-bedroom apartment offers comfortable living with great flow and practical features.

Upon entering the front door, you're welcomed into a fully fitted kitchen, neatly designed with ample cupboard space and functionality for everyday living. The space opens seamlessly into a light-filled lounge, creating a relaxed and inviting living area that leads directly out onto a private balcony—perfect for enjoying your morning coffee or unwinding after a long day.

From the lounge, you'll enter the spacious main bedroom, complete with built-in cupboards and its own access to the balcony, allowing for plenty of natural light and fresh air. Exiting the main bedroom, you'll find the second bedroom positioned to the left—ideal for a guest room, home office, or additional family space—while the bathroom is conveniently located to the right.

Additional features include a secure garage, an extra parking bay, access to a communal pool, and a shared washing line area, adding to the overall convenience and appeal of the complex.

This apartment is perfect for first-time buyers, investors, or those looking to enjoy low-maintenance living in a central location.

Rooms & layout

Kitchen
Lounge
Bedroom × 2
Bathroom
Garage × 2

Features & amenities

balconycommunal poolgarageparkingbuilt-in cupboardssecurity

Price & ownership

Asking price R 2 050 000
Price per m² R 28 082
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 2,1M
Taxes + legal + admin fees R 77,8K

Rough split: 96.3% purchase price, 3.7% buying costs.

  • Asking price R 2 050 000
  • Transfer duty (est.) R 36 786
  • Deeds Office (transfer) R 1 781
  • Conveyancing (est., incl. VAT) R 39 155
  • Deeds lodgement R 52
  • Total indicative R 2 127 774

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 19 359 /month

Total paid over 20 years (deposit + repayments): R 4 851 106

Deposit 10% · R 205 000
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 1 845 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.