Hey Strepie, i would agree with Reefer, nothing more than R200 rand, and insist on a full spool of line, and also make sure it has an aluminium spool, cos these reels have a tendency for the spool to collapse under pressure if the spool is made of a composite graphite.
Just to give u an idea, i paid R450 for a 14ft Blue Marlin composite graphite rod and a Penn 500, with 2 extra spools with full line, both aluminium... and that was 5 years ago...
So i'll stick with R150/R175.... but anything between R150 - R200, both of you are winners...
Let us know what u eventually get it for...
Best of Luck
Melvin G