8
Beds
4
Baths
6
Parking
2,091 m²
Floor area
2,091 m²
Stand size
About this property
Investment Property – Observatory, Johannesburg
This estate property at 17 Urania Street offers multiple dwellings, making it a lucrative investment for buy-to-let or redevelopment.
Key Highlights
- Multi-house setup ideal for generating rental income
- Executor sale – motivated sellers
- Each unit with its own pre-paid electricity meters
- Huge communal yard for tranquility
- Each unit with rental potential of R6,000 per month income
Why Invest Here?
Observatory is a well-established suburb with strong rental demand. With refurbishment, this property can deliver excellent returns for investors.
Contact agent to arrange an exclusive viewing appointment. Pre-qualification required.
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: 97.2% purchase price, 2.8% buying costs.
- Asking price R 1 650 000
- Transfer duty (est.) R 13 200
- Deeds Office (transfer) R 1 434
- Conveyancing (est., incl. VAT) R 32 890
- Deeds lodgement R 52
- Total indicative R 1 697 576
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 3 904 548
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 650 000