Sale
South Africa

2

Beds

2

Baths

2

Parking

115 m²

Floor area

House 2 beds 2 baths 115 m²

About this property

Best location, best investment, enjoying phenomenal growth in the most sought after area. The vibrant and ever popular Gateway Theatre of Shoppertainment. This spacious 115 sqm air-conditioned unit has a huge skylight over the living area, making it bright and airy with an open and easy flow to the balcony overlooking Palm Boulevard and Gateway. Shutters enclose for great entertainment and privacy. This unit offers 2 bedrooms, 2 bathrooms (one ensuite), plus 2 undercover parking bays. The safe and secure building features monitored CCTV cameras and offers residents access to a pool and sauna. Enjoy convenience as one walks to all amenities. A perfect lock-up-and-go lifestyle. Close to Umhlanga beach, international airport, popular schools and universities, and major malls.

Rooms & layout

Bedroom × 2
Bathroom × 2
Room × 3
Lounge
Balcony
Garage × 2

Features & amenities

Air conditionedSkylightBalconyPoolSaunaSecurityCCTVEnclosed shuttersLock up and goGateway Theatre of Shoppertainment

Price & ownership

Asking price R 3 650 000
Price per m² R 31 739
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 3,7M
Taxes + legal + admin fees R 241,4K

Rough split: 93.8% purchase price, 6.2% buying costs.

  • Asking price R 3 650 000
  • Transfer duty (est.) R 178 856
  • Deeds Office (transfer) R 3 172
  • Conveyancing (est., incl. VAT) R 59 315
  • Deeds lodgement R 52
  • Total indicative R 3 891 395

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 34 468 /month

Total paid over 20 years (deposit + repayments): R 8 637 334

Deposit 10% · R 365 000
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 3 285 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.