Sale
South Africa

2

Beds

1

Baths

22 m²

Floor area

House 2 beds 1 bath 22 m²

About this property

Perfect start or smart investment – this full-title starter home in Palm City Ext 37, Alberton, combines comfort, affordability, and future growth potential. Located in a secure, well-planned community, it's ideal for first-time buyers or investors. Featuring a modern layout, energy-saving solar geyser, and durable aluminium windows, it offers low-maintenance living. An extended foundation allows for easy future expansion, while bond and transfer costs are included for a hassle-free purchase. Limited units available.

Nestled in Palm Ridge, Alberton, Palm City is strategically surrounded by major highways (N3, N12, and N17) – giving quick access to central Johannesburg and shopping centres including Carnival Mall, East Rand Mall, and Makro.

Rooms & layout

Bedroom × 2
Bathroom

Features & amenities

Solar geyserEnergy efficientAluminium windowsFencedFirst time buyerStarter homeSecure community

Price & ownership

Asking price R 540 000
Price per m² R 24 545
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 540K
Taxes + legal + admin fees R 15,5K

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

  • Asking price R 540 000
  • Deeds Office (transfer) R 469
  • Conveyancing (est., incl. VAT) R 14 973
  • Deeds lodgement R 52
  • Total indicative R 555 494

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 5 099 /month

Total paid over 20 years (deposit + repayments): R 1 277 852

Deposit 10% · R 54 000
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 486 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.