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Family-focused living adjacent to Sparks Schools in Lake Xanadu Estate, enjoying secure, manicured grounds and a sleek open-plan kitchen — three bedrooms, two bathrooms, contemporary first-floor apartment.
Introducing a brand-new luxury apartment in the sought-after Lake Xanadu Estate. This modern 1st-floor home features 3 spacious bedrooms and 2 stylish bathrooms, designed with comfort and elegance in mind. The open-plan living area flows seamlessly into a sleek kitchen, creating the perfect space for both everyday living and entertaining.
Situated right next to Sparks Schools, this property offers exceptional convenience for families. The estate itself boasts top-class security and beautifully maintained surroundings, providing peace of mind and a high-quality lifestyle. With its prime location and sophisticated design, this apartment is an outstanding opportunity for buyers seeking modern living in a prestigious community.
Listed for sale at R1,560,000
Price increased by 1.0% to R1,575,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 144 listings in Midrand (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 26% below the median. Floor size is 18% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 15,461 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
144 similar listings
High similar-home inventory town-wide (Midrand)
Median time on market: 173 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Summerset is a peaceful and family-friendly residential area in Midrand, offering a suburban lifestyle with convenient access to essential amenities and major transport routes.
* Distances and amenities are approximate.
