Property
South Africa

3

Beds

1

Baths

2

Parking

57 m²

Floor area

Commercial 3 beds 1 bath 57 m²

About this property

Overview

This well-maintained, ground-floor, stand-alone unit is a smart investment opportunity, offering strong rental appeal and comfortable living in a secure, family-friendly complex.

Bedrooms & Layout

The home features three well-sized bedrooms, all with built-in cupboards. The main and third bedrooms are carpeted, while the second bedroom offers wooden flooring, making it versatile for use as a bedroom, home office, or guest room.

Living Spaces

The tiled lounge creates a clean, low-maintenance living space ideal for tenants or long-term owners.

Bathroom & Kitchen

The fully tiled bathroom includes a toilet, bathtub, and hand shower. The kitchen is fitted with built-in cupboards and a stove, offering practical functionality for everyday living.

Utilities & Parking

Both prepaid water and electricity are in place, ensuring excellent cost control for investors. The unit includes two dedicated parking bays, adding convenience and value.

Complex Amenities & Security

The ground-floor, stand-alone layout makes it especially attractive to families, elderly couples, and long-term tenants seeking easy access and privacy.

The complex is well run and secure, with:

  • 24-hour security guards
  • Friendly neighbourhood atmosphere
  • Two communal swimming pools

These amenities enhance tenant retention and lifestyle appeal.

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge
Garage × 2

Features & amenities

Ground floorStand aloneBuilt in cupboardsTiledPrepaid water and electricityParkingSecuritySwimming poolsSecure complex

Price & ownership

Asking price R 480 000
Price per m² R 8 421
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 480K
Taxes + legal + admin fees R 14,5K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 480 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 14 038
  • Deeds lodgement R 52
  • Total indicative R 494 524

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 4 533 /month

Total paid over 20 years (deposit + repayments): R 1 135 869

Deposit 10% · R 48 000
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 432 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 480 000