Property
South Africa

3

Beds

1

Baths

495 m²

Floor area

495 m²

Stand size

Commercial 3 beds 1 bath 495 m²

About this property

Discover space, opportunity and income potential in one exceptional property. Set on a generous 495sqm stand, this 3-bedroom home with a separate cottage offers the perfect balance between comfortable family living and smart investment growth.

Property Features: • 3 well-sized bedrooms with space for freestanding cupboards • Spacious lounge perfect for family gatherings • Practical kitchen with good working layout • Neat bathroom • Secure yard with ample parking • Separate cottage — ideal for rental income, extended family, or a home office

Additional Highlights: • 495sqm stand with room for further development • Strong rental income opportunity • Conveniently located with easy access to The Glen Shopping Centre and Southgate Mall, also located near schools, shops, public transport, and main routes

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge
Cottage

Features & amenities

CottageSecure yardParkingRental incomeDevelopment potentialFamily home

Price & ownership

Asking price R 1 150 000
Price per m² R 2 323
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 1,2M
Taxes + legal + admin fees R 25,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 150 000
  • Deeds Office (transfer) R 999
  • Conveyancing (est., incl. VAT) R 24 437
  • Deeds lodgement R 52
  • Total indicative R 1 175 488

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 10 860 /month

Total paid over 20 years (deposit + repayments): R 2 721 352

Deposit 10% · R 115 000
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 1 035 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 150 000