69ce42602090fd5ed22c8d9c
South Africa

5

Beds

2

Baths

2

Parking

358 m²

Floor area

Apartment 5 beds 2 baths 358 m²

About this property

This unit is currently being rented out as a self-catering unit, widely known for customer service. Walk in to patio area and a generous, sizeable open plan lounge with indoor BBQ and dining room. Kitchen, 2 bathrooms and 5 bedrooms. Small flat in the back. Location-wise, perfect spot in a sought-out and popular area, really short distance from the Kreef Street and Save Swimming Beach area.

Rooms & layout

Bedroom × 5
Bathroom × 2
Kitchen
Lounge
Dining Room
Patio
Garage × 2

Features & amenities

Self cateringIndoor BBQOpen planPatioBeach accessRental income potential

Price & ownership

Asking price R 920 000
Price per m² R 2 570
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 920K
Taxes + legal + admin fees R 21,5K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 920 000
  • Deeds Office (transfer) R 799
  • Conveyancing (est., incl. VAT) R 20 654
  • Deeds lodgement R 52
  • Total indicative R 941 505

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 8 688 /month

Total paid over 20 years (deposit + repayments): R 2 177 082

Deposit 10% · R 92 000
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 828 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.