Sale
South Africa

2

Beds

1

Baths

1

Parking

50 m²

Floor area

Apartment 2 beds 1 bath 50 m²

About this property

Affordable, Secure Living in Prime Kenmare – Ideal for First-Time Buyers & Investors. This well-positioned 2-bedroom apartment in Villa Illario offers unbeatable value for money in the heart of Kenmare – making it the perfect opportunity to enter the property market or secure a high-demand rental investment.

Designed for easy, modern living, the apartment features a bright open-plan kitchen and lounge area that creates a comfortable and functional living space. The layout is ideal for both everyday living and entertaining.

Both bedrooms are well-sized with good natural light, while the bathroom is neat and practical.

Property Features: • 2 Bedrooms • 1 Bathroom • Open-plan kitchen & lounge • Covered parking • 24-hour security • Fibre-ready connectivity

Located on Terenure Avenue, this apartment offers quick access to main routes, schools, shopping centres, and essential amenities—ensuring convenience and strong rental appeal.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

ApartmentOpen plan kitchenCovered parking24 hour securityFibre ready

Price & ownership

Asking price R 460 000
Price per m² R 9 200
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 460K
Taxes + legal + admin fees R 14,2K

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

  • Asking price R 460 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 701
  • Deeds lodgement R 52
  • Total indicative R 474 187

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 4 344 /month

Total paid over 20 years (deposit + repayments): R 1 088 541

Deposit 10% · R 46 000
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 414 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.