69ce4afc2090fd5ed22cf9ae
South Africa

2

Beds

2

Baths

1

Parking

61 m²

Floor area

Apartment 2 beds 2 baths 61 m²

About this property

Your ideal home or investment opportunity awaits.

Step into this beautifully maintained 2-bedroom, 2-bathroom apartment located in the secure and well-managed Waterfall Ridge complex. Whether you're a first-time buyer, downsizing, or expanding your investment portfolio, this unit offers exceptional value in a highly sought-after area.

Property Features: • Modern open-plan living area ideal for comfort and entertaining • 2 well-sized bedrooms with great natural lighting • Contemporary bathrooms with quality finishes • Secure lifestyle estate with 24-hour security, access control, and excellent upkeep • Fantastic amenities including a swimming pool, clubhouse, and children's play area

Prime Location — Everything at Your Doorstep: Located in the heart of Waterfall, this complex offers unbeatable convenience. Within minutes you will find: • Mall of Africa • Waterfall Corner and Waterfall Wilds • Netcare Waterfall City Hospital • N1 Highway (easy access via Allandale) • Schools: Curro Waterfall, Reddam House Waterfall, Little Minds Academy • Corporate Offices in Waterfall City, ideal for professionals • Public transport routes and Gautrain bus stops nearby

Investment Advantages: • Strong rental demand in the Waterfall precinct • Secure, well-maintained complex that appeals to long-term tenants • Excellent potential for capital appreciation

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

SecuritySwimming poolClubhouseChildren's play area24 hour securityAccess controlModern finishesOpen plan livingNatural lighting

Price & ownership

Asking price R 940 000
Price per m² R 15 410
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 940K
Taxes + legal + admin fees R 21,8K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 940 000
  • Deeds Office (transfer) R 817
  • Conveyancing (est., incl. VAT) R 20 953
  • Deeds lodgement R 52
  • Total indicative R 961 822

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 8 877 /month

Total paid over 20 years (deposit + repayments): R 2 224 409

Deposit 10% · R 94 000
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 846 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.