Sale
South Africa

2

Beds

2

Baths

1

Parking

57 m²

Floor area

Apartment 2 beds 2 baths 57 m²

About this property

This beautifully first-floor apartment is set in a secure, well-managed complex in Honeydew. Whether you're looking for a place to call home or a solid investment opportunity, this apartment is a must-see.

Property Features:

  • 2 spacious bedrooms with built-in cupboards
  • 2 bathrooms: one with a shower and one with a bath
  • Open-plan lounge and dining room, leading out to a sunny balcony
  • Neat kitchen with great flow into the living space
  • Secure first-floor unit with excellent privacy
  • Complex is well-kept with 24-hour security and controlled access

This unit already has a tenant in place, providing immediate rental income from day one. Conveniently located close to shopping centres, schools, main roads, and public transport routes, making it highly attractive to both homeowners and tenants.

Rooms & layout

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

Features & amenities

Secure complex24 hour securityControlled accessBuilt in cupboardsOpen plan lounge and diningBalconyInvestment propertyTenant in place

Price & ownership

Asking price R 510 000
Price per m² R 8 947
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 510K
Taxes + legal + admin fees R 15K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 510 000
  • Deeds Office (transfer) R 443
  • Conveyancing (est., incl. VAT) R 14 524
  • Deeds lodgement R 52
  • Total indicative R 525 019

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 4 816 /month

Total paid over 20 years (deposit + repayments): R 1 206 860

Deposit 10% · R 51 000
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 459 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.