69ce541d2090fd5ed22d6727
South Africa

8

Beds

8

Baths

447 m²

Stand size

Apartment 8 beds 8 baths

About this property

This property presents a remarkable opportunity, featuring an unfinished structure with 8 bachelor units, each equipped with a kitchenette and bathroom. The layout includes 4 units downstairs and 4 units upstairs, providing versatile living options. With generous parking space and a fully walled perimeter for security and privacy, this lot spans 447 square meters. A thriving residential investment opportunity.

Rooms & layout

Room × 8
Bedroom × 8
Bathroom × 8

Features & amenities

Bachelor unitsInvestment propertyWalledSecurityParkingKitchenetteUnfinished structure

Price & ownership

Asking price R 620 000
Price per m² R 1 387
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 620K
Taxes + legal + admin fees R 16,8K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 620 000
  • Deeds Office (transfer) R 539
  • Conveyancing (est., incl. VAT) R 16 169
  • Deeds lodgement R 52
  • Total indicative R 636 760

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 5 855 /month

Total paid over 20 years (deposit + repayments): R 1 467 164

Deposit 10% · R 62 000
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 558 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.