Property
South Africa

6

Beds

4

Baths

288 m²

Floor area

495 m²

Stand size

House 6 beds 5 baths 288 m²

About this property

An excellent opportunity to acquire a well-located, easy-to-manage block of flats in the heart of La Rochelle — ideal for investors seeking steady income today with clear growth potential tomorrow.

Set on a 495sqm stand in a wide one-way street, this low-maintenance face-brick property offers strong fundamentals, consistent tenant demand, and room to expand.

KEY INVESTMENT SNAPSHOT

Stand Size: 495sqm

Units: 4

Total Bedrooms: 6

Total Bathrooms: 4

Combined Under-Roof: ±288sqm

Current Gross Rental: ±R15,000 pm

Potential Gross Rental: ±R18,000 pm

Monthly Expenses: ±R5,625

Zoning: Residential

Parking: Open parking for 6 cars

UNIT CONFIGURATION (EACH UNIT OFFERS):

One-and-a-half bedrooms

Lounge

Fitted kitchen

Separate toilet

Separate bathroom

Open parking

Tenant-paid utilities: Refuse, water and electricity billed as per usage — reducing landlord exposure.

PROPERTY FEATURES

Face-brick construction — low maintenance

Outside toilet

Wide, quiet one-way street

Half of the stand vacant at the back — ideal for future development or additional units (subject to approvals)

Easy-to-manage scale — perfect for first-time block investors or portfolio expansion

LOCATION ADVANTAGE

Strategically positioned close to: Public transport routes, Rosettenville Junction Mall, Schools and worship facilities, Takeaway restaurants and convenience shops, Wemmer Dam & Park (recreational facility), Approximately 5 minutes' drive to Johannesburg CBD

Strong rental demand driven by accessibility and central location.

Rooms & layout

Bedroom × 6
Bathroom × 4
Lounge
Kitchen
Toilet

Features & amenities

Block of flatsInvestment property4 unitsFace brick constructionLow maintenanceRental incomeDevelopment potentialOpen parkingTenant paid utilitiesFirst time investor friendly

Price & ownership

Asking price R 1 450 000
Price per m² R 5 035
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 1,5M
Taxes + legal + admin fees R 38,1K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 450 000
  • Transfer duty (est.) R 7 200
  • Deeds Office (transfer) R 1 260
  • Conveyancing (est., incl. VAT) R 29 612
  • Deeds lodgement R 52
  • Total indicative R 1 488 124

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 13 693 /month

Total paid over 20 years (deposit + repayments): R 3 431 270

Deposit 10% · R 145 000
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 1 305 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 450 000