Sale
South Africa

3

Beds

1

Baths

2

Parking

145 m²

Floor area

Apartment 3 beds 2 baths 145 m²

About this property

Exceptional apartment situated on the Golden Mile of Beach Road in Strand North. This spacious 3-bedroom, 1-bathroom unit features a generously sized open-plan lounge, dining, and kitchen area with panoramic sea views from the lounge and dining area, providing views of windsurfing activities and stunning mountain views. Floor-to-ceiling windows offer extended, picturesque vistas.

The white kitchen features a clean, open concept design with ample movement space, plenty of cabinets for storage, and dedicated spaces for a dishwasher and washing machine. All three bedrooms are spacious with built-in cupboards and wall-to-wall carpets.

The apartment includes a full bathroom and a separate guest toilet. Secure parking consists of a lock-up garage and designated visitor parking spaces. Monthly levies cover water, building insurance, maintenance, and security. This well-maintained share block property presents an excellent investment opportunity in a prime location with steady property price appreciation.

Rooms & layout

Bedroom × 3
Bathroom
Guest Toilet
Kitchen
Lounge
Dining Room
Garage × 2

Features & amenities

Sea viewsMountain viewsFloor to ceiling windowsOpen plan designBuilt in cupboardsWall to wall carpetsLock up garageVisitor parkingPrime locationInvestment opportunity

Price & ownership

Asking price R 3 750 000
Price per m² R 25 862
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 3,8M
Taxes + legal + admin fees R 253,7K

Rough split: 93.7% purchase price, 6.3% buying costs.

  • Asking price R 3 750 000
  • Transfer duty (est.) R 189 856
  • Deeds Office (transfer) R 3 259
  • Conveyancing (est., incl. VAT) R 60 575
  • Deeds lodgement R 52
  • Total indicative R 4 003 742

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 35 412 /month

Total paid over 20 years (deposit + repayments): R 8 873 974

Deposit 10% · R 375 000
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 3 375 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.