3
Beds
2
Baths
575 m²
Floor area
About this property
Investment Gem in South Hills – 3-Bedroom Home + Rental Income
Spacious 3-bedroom house with kitchen and dining area, plus 7 outside rooms and a spaza shop generating ±R17,900 per month. Fully tenanted and ideally located near schools, shops, and transport routes. Perfect for investors seeking immediate returns in a high-demand rental area.
Features & Benefits:
- 3 spacious bedrooms in the main house
- 7 outside rooms with steady rental income
- Spaza shop generating extra monthly revenue
- Fully tenanted – immediate investment returns (current rental income R17,900 pm)
- Close to schools, malls, and major transport links
- Located in a safe, high-demand rental neighborhood
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.8% purchase price, 2.2% buying costs.
- Asking price R 1 100 000
- Deeds Office (transfer) R 956
- Conveyancing (est., incl. VAT) R 23 575
- Deeds lodgement R 52
- Total indicative R 1 124 583
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
Total paid over 20 years (deposit + repayments): R 2 603 032
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 990 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 100 000