Property
South Africa

3

Beds

2

Baths

252 m²

Floor area

House 3 beds 2 baths 252 m²

About this property

A rare gem in the township, this beautiful property in Allandale offers a spectacular view of nature — a truly unique find in the area. With slight renovations, the property has the potential to generate up to R18,000 per month. It is currently generating R12,000 per month, making it a solid income-producing investment.

Nestled in a peaceful crescent in Midrand, this charming home offers comfort, privacy, and tranquility — perfect for a growing family or an investor seeking strong rental returns.

Property Features:

  • 3 spacious bedrooms (main bedroom with en-suite bathroom)
  • Modern dream kitchen
  • Open-plan living and dining area
  • Additional back room ideal for a guest room or storage
  • Well-maintained vegetable garden
  • Patio area — perfect for relaxing or entertaining

Conveniently located close to public transport, to 2 primaries and a high school and a shopping complex. This home combines serene living with easy access to essential amenities.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Room
Back Room

Features & amenities

GardenPatioEn suiteOpen plan livingInvestment propertyRental income

Price & ownership

Asking price R 1 150 000
Price per m² R 4 563
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