Sale
South Africa

1

Beds

1

Baths

1

Parking

36 m²

Floor area

Apartment 1 bed 1 bath 36 m²

About this property

Neat one bed apartment with a parking. Situated 100 meters to Davenport Centre and the entertainment hub of Glenwood. 200 meters to Woolworths. Places of worship abound. Super close to all taxi routes, you do not need a vehicle if you buy this unit to stay in. Very attractive to investors too, your tenants will love the position. Well run body corporate.

Rooms & layout

Bedroom 1
Bathroom
Lounge
Kitchen
Garage

Features & amenities

Secure parkingBody corporateInvestment propertyClose to shoppingPublic transport access

Price & ownership

Asking price R 440 000
Price per m² R 12 222
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 440K
Taxes + legal + admin fees R 13,9K

Rough split: 96.9% purchase price, 3.1% buying costs.

  • Asking price R 440 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 364
  • Deeds lodgement R 52
  • Total indicative R 453 850

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 4 155 /month

Total paid over 20 years (deposit + repayments): R 1 041 213

Deposit 10% · R 44 000
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 396 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.