Sale
South Africa

2

Beds

2

Baths

2

Parking

90 m²

Floor area

Apartment 2 beds 2 baths 90 m²

About this property

Fully tiled spacious and modern two bedroom two bathroom 1st floor apartment in Franklin on 8th, Midrand.

Upmarket kitchen with plumbing for two under counter appliances, open plan to the lounge that leads to an undercover balcony. Main bedroom is ensuite to a full bathroom (bath and shower) and the second bathroom has a hand held shower over the bath tub.

Pre paid electricity. Sparkling communal pool, braai and boma facilities. Two under cover parking bays available. Excellent 24hr access controlled security. Close to private and government schools.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Room × 2
Garage × 2

Features & amenities

PoolBraaiBomaSecurityUndercover parkingBalconyModernTiled

Price & ownership

Asking price R 1 150 000
Price per m² R 12 778
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 1,2M
Taxes + legal + admin fees R 25,5K

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

  • Asking price R 1 150 000
  • Deeds Office (transfer) R 999
  • Conveyancing (est., incl. VAT) R 24 437
  • Deeds lodgement R 52
  • Total indicative R 1 175 488

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 10 860 /month

Total paid over 20 years (deposit + repayments): R 2 721 352

Deposit 10% · R 115 000
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 1 035 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.