Property
South Africa

3

Beds

1

Baths

3

Parking

400 m²

Floor area

House 3 beds 1 bath 400 m²

About this property

Overview

Located in a secure, boomed-off road in the heart of Lenasia South, Johannesburg, this freestanding home offers a fantastic opportunity for buyers looking to renovate and add value.

The property features three well-sized bedrooms, one bathroom, and generous living spaces, all set on a spacious stand. While the home does require some TLC, it boasts loads of potential to be transformed into a beautiful family residence or smart investment.

Features

  • 3 Bedrooms
  • 1 Bathroom
  • Freestanding home
  • Large yard
  • Prime boomed-off road
  • Secure and sought-after location
  • Close to schools & amenities
  • Fix-upper with excellent potential

Location

Conveniently situated close to schools, places of worship, shopping amenities, and main transport routes, making daily living easy and practical.

Ideal for first-time buyers, renovators, or investors looking to buy in a well-established area.

Rooms & layout

Bedroom × 3
Bathroom
Garage × 3

Features & amenities

Freestanding homeLarge yardSecure locationBoomed off roadClose to schoolsShopping amenitiesTransport access

Price & ownership

Asking price R 750 000
Price per m² R 1 875
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 750K
Taxes + legal + admin fees R 18,8K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 750 000
  • Deeds Office (transfer) R 652
  • Conveyancing (est., incl. VAT) R 18 113
  • Deeds lodgement R 52
  • Total indicative R 768 817

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 7 082 /month

Total paid over 20 years (deposit + repayments): R 1 774 795

Deposit 10% · R 75 000
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 675 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 750 000