Sale
South Africa

1

Beds

1

Baths

46 m²

Floor area

Apartment 1 bed 1 bath 46 m²

About this property

Proud mandate: We are delighted to bring this truly special one bedroom apartment at Oak Terrace, into the market! This apartment is situated on the corner of the building and has been completely renovated. The balcony has been enclosed and can be used as a study or even a small bedsitter room. Furniture is not included, however the Seller may consider an offer.

Private and secure, this apartment does not have a basement bay, however the Oak Terrace complex offers plenty of secure parking on a first come first park basis. The security is good and the caretaker also takes care of the gardens together with a horticulturist.

The complex has recently had meetings with regards to the approval of short term letting and the good news is that all is approved in the best interests of owners. This actual apartment is a short let and has been very busy with bookings.

Please call our Apartment Specialist Agents for an appointment to view.

Rooms & layout

Bedroom 1
Bathroom
Study

Features & amenities

Secure parkingSecurityBalconyRenovatedShort let approvedCorner unit

Price & ownership

Asking price R 1 650 000
Price per m² R 35 870
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 1,7M
Taxes + legal + admin fees R 47,6K

Rough split: 97.2% purchase price, 2.8% buying costs.

  • Asking price R 1 650 000
  • Transfer duty (est.) R 13 200
  • Deeds Office (transfer) R 1 434
  • Conveyancing (est., incl. VAT) R 32 890
  • Deeds lodgement R 52
  • Total indicative R 1 697 576

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 15 581 /month

Total paid over 20 years (deposit + repayments): R 3 904 548

Deposit 10% · R 165 000
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.