69ce429e2090fd5ed22c94c8
South Africa

1

Beds

1

Baths

1

Parking

Apartment 1 bed 1 bath

About this property

This neat and well-maintained apartment in the popular Urban Living complex offers a fantastic investment opportunity with a tenant already in place until December 2026.

The apartment features a modern open-plan kitchen with built-in cupboards that flows seamlessly into a spacious, sun-filled living area. From here, a small private balcony provides a pleasant spot to relax and enjoy some fresh air.

The bedroom is comfortably sized and fitted with built-in cupboards, while the bathroom is neatly finished and equipped with a bath/shower, basin, and toilet.

Urban Living offers a convenient and secure lifestyle, making it a popular choice for tenants and investors alike.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Balcony
Garage

Features & amenities

ApartmentUrban living complexSecureTenant in placeInvestment opportunityOpen plan kitchenBuilt in cupboardsBalconySun filled

Price & ownership

Asking price R 380 000
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 380K
Taxes + legal + admin fees R 12,8K

Rough split: 96.7% purchase price, 3.3% buying costs.

  • Asking price R 380 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 353
  • Deeds lodgement R 52
  • Total indicative R 392 839

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 3 588 /month

Total paid over 20 years (deposit + repayments): R 899 229

Deposit 10% · R 38 000
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 342 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.