Sale
South Africa

2

Beds

2

Baths

2

Parking

71 m²

Floor area

Apartment 2 beds 2 baths 71 m²

About this property

Positioned on highly sought-after St James Street in Upper Vredehoek — one of the suburb's most tightly held and desirable pockets — this well-presented two-bedroom, two-bathroom apartment offers an exceptional opportunity to secure a home in a premium location.

Set within a boutique block of just eight units, the building is well-managed and offers a quiet, private living environment. The apartment enjoys a practical, free-flowing layout with generous natural light throughout the living areas, creating a comfortable and welcoming atmosphere.

Both bedrooms are well-proportioned, complemented by two modern bathrooms that enhance convenience and functionality. The property is in excellent condition, making it ideal for buyers seeking a move-in-ready home in a blue-chip area.

With a floor size of 71m² and located moments from Vredehoek Spar and the ever-popular Derry Street strip, the positioning speaks for itself. Opportunities in this intimate block are seldom available and consistently well received.

Note: The apartment is currently empty and no furniture items are included.

Rooms & layout

Bedroom × 2
Bathroom × 2
Lounge
Garage × 2

Features & amenities

boutique blockwell-managednatural lightmodern bathroomsexcellent conditionmove-in-ready

Price & ownership

Asking price R 4 000 000
Price per m² R 56 338
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 4M
Taxes + legal + admin fees R 284,6K

Rough split: 93.4% purchase price, 6.6% buying costs.

  • Asking price R 4 000 000
  • Transfer duty (est.) R 217 356
  • Deeds Office (transfer) R 3 476
  • Conveyancing (est., incl. VAT) R 63 725
  • Deeds lodgement R 52
  • Total indicative R 4 284 609

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 37 773 /month

Total paid over 20 years (deposit + repayments): R 9 465 572

Deposit 10% · R 400 000
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 3 600 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.