Sale
South Africa

1

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 1 bed 1 bath 50 m²

About this property

One bedroom sunny ground floor apartment with beautiful sea views now available in the well-run Woodholme Retirement Complex. This well-managed establishment is for 55 years and older, offering security and peace of mind. The apartment features open-plan living with kitchenette and a newly renovated bathroom. Enjoy the comfort and security of an affordable apartment with views overlooking the ocean—watch the ships go by! The retirement complex offers a spacious communal lounge with stunning ocean views and a communal dining area where residents can connect with fellow homeowners. The apartment includes a weekly cleaning service by contracted cleaners and on-site laundry service through centre management. Additional amenities include a library and tuck shop. A gated and secure parking bay is allocated to each unit.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Sea viewsSecurityParkingCommunal loungeLaundry serviceCleaning serviceRetirement complexGatedGround floor

Price & ownership

Asking price R 470 000
Price per m² R 9 400
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 470K
Taxes + legal + admin fees R 14,4K

Rough split: 97.0% purchase price, 3.0% buying costs.

  • Asking price R 470 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 870
  • Deeds lodgement R 52
  • Total indicative R 484 356

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 4 438 /month

Total paid over 20 years (deposit + repayments): R 1 112 205

Deposit 10% · R 47 000
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 423 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.