Sale
South Africa

1

Beds

1

Baths

1

Parking

59 m²

Floor area

Apartment 1 bed 1 bath 59 m²

About this property

This fantastic newly built ground floor one bedroom apartment is bright and sunny, situated in Ocean Club within Zimbali Lakes Resort. Spacious open plan entertainment area leads off onto a private patio. This attractive apartment offers a separate well-sized bedroom with built-in cupboards and en-suite bathroom. Modern neat kitchen. Ideal investment as one is buying property directly from the developer with no transfer duty applicable.

Ocean Club offers on-site short-term and long-term rental options. The newly finished clubhouse offers a 20-metre pool, two saunas, a gym, coffee shop, kids' pool, and laundry facilities.

The Ocean Club development, which is part of Zimbali Lakes Resort, is situated on the east side of the M4. This development will have an underpass linking it to the main Zimbali Lakes Resort. Owners in Ocean Club will have access to all lifestyle facilities in Zimbali Lakes Resort, including beach club, 18-hole Ernie Els signature golf course, and water club.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Patio
Garage

Features & amenities

PoolGymSaunaGolf courseBeach clubWater clubSecurityBuilt in cupboardsEn suite bathroomOpen plan

Price & ownership

Asking price R 2 250 000
Price per m² R 38 136
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 2,3M
Taxes + legal + admin fees R 92,5K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 250 000
  • Transfer duty (est.) R 48 786
  • Deeds Office (transfer) R 1 955
  • Conveyancing (est., incl. VAT) R 41 675
  • Deeds lodgement R 52
  • Total indicative R 2 342 468

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 21 247 /month

Total paid over 20 years (deposit + repayments): R 5 324 384

Deposit 10% · R 225 000
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 2 025 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.