Sale
South Africa

2

Beds

1

Baths

3

Parking

226 m²

Floor area

226 m²

Stand size

Apartment 2 beds 1 bath 226 m²

About this property

Exclusive Mandate

Whether you're entering the property market for the first time, looking to downscale, or planning to retire in a peaceful coastal town—this well-kept, neat home offers you an affordable opportunity to own property in the sought-after Overstrand area.

Features

This charming home features:

  • 2 Bedrooms with built-in cupboards
  • 1 Bathroom fitted with a shower, toilet and basin
  • Open-plan lounge and kitchen area for comfortable everyday living

Extras That Add Real Value

  • A well-sized Nutec flat behind the house—perfect for a second income, a separate granny flat or a private space for teenagers
  • Clear bars and safety gates for added security
  • Covered parking for 3 cars
  • Gas geyser to help save on electricity costs
  • Vibacrete walls on 3 sides of the property
  • Positioned in a quiet and safe area, within walking distance of the town centre

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Kitchen
Nutec Flat
Garage × 3

Features & amenities

security gatescovered parkinggas geysergranny flat potentialbuilt-in cupboardsopen-plan livingquiet areawalking distance to town centre

Price & ownership

Asking price R 1 200 000
Price per m² R 5 310
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 1,2M
Taxes + legal + admin fees R 26,4K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 200 000
  • Deeds Office (transfer) R 1 043
  • Conveyancing (est., incl. VAT) R 25 300
  • Deeds lodgement R 52
  • Total indicative R 1 226 395

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 11 332 /month

Total paid over 20 years (deposit + repayments): R 2 839 672

Deposit 10% · R 120 000
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 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.