69ce49e72090fd5ed22cf04e
South Africa

2

Beds

2

Baths

1

Parking

89 m²

Floor area

Apartment 2 beds 2 baths 89 m²

About this property

Renovated fully furnished apartment with beautiful sea and harbour views.

The enclosed balcony features sliding windows and a built-in braai, creating a comfortable space to relax while enjoying the view. The well-fitted open-plan kitchen includes a gas hob, electric oven, extractor fan and breakfast nook, flowing into the spacious lounge and dining area. There is also a separate space created for a washing machine. Large windows throughout allow plenty of natural light, creating a bright and welcoming atmosphere. The apartment offers 2 bedrooms with built-in cupboards. The main bedroom opens onto the balcony through sliding doors. There are 2 bathrooms, one with a shower and the other with a bath. Secure under cover carport.

This property is ideal as a first home or rental investment. A tenant is currently in place at R8,800 per month, with a lease expiring end July 2026. The tenant is willing to extend the lease.

Complex amenities include fibre connectivity, swimming pool and clubhouse. Conveniently located close to public transport, the city centre, schools and tertiary institutions, and within walking distance of the beach. Under cover secure carport plus visitors parking available. Monthly levy: R2,320 (incl. water). Rates: R1,054.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Balcony
Carport
Garage

Features & amenities

Sea viewHarbour viewBalconyBraaiOpen plan kitchenGas hobElectric ovenExtractor fanBreakfast nookBuilt in cupboards

Price & ownership

Asking price R 1 050 000
Price per m² R 11 798
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 1,1M
Taxes + legal + admin fees R 23,7K

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

  • Asking price R 1 050 000
  • Deeds Office (transfer) R 912
  • Conveyancing (est., incl. VAT) R 22 713
  • Deeds lodgement R 52
  • Total indicative R 1 073 677

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 9 915 /month

Total paid over 20 years (deposit + repayments): R 2 484 713

Deposit 10% · R 105 000
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 945 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.