Property
South Africa

2

Beds

1

Baths

213 m²

Floor area

213 m²

Stand size

House 2 beds 1 bath 213 m²

About this property

Massive Income-Generating Asset in Chloorkop / Phomolong

This is a unique investment property featuring a comfortable main residence with 9 spacious and versatile outside rental rooms on a single stand. Properties with this number of rental units in high-demand areas like Chloorkop and Phomolong are rare.

Key Features:

  • Immediate income-generating potential
  • Prime location with strong tenant demand
  • Excellent rental configuration
  • Monthly rental income: R12,200
  • High ROI and high return potential
  • Perfect combination of solid infrastructure and location advantage

Rooms & layout

Bedroom × 2
Main Residence - Bathroom
Room × 9

Features & amenities

Investment propertyIncome generatingRental unitsHigh demand locationMultiple rental rooms

Price & ownership

Asking price R 820 000
Price per m² R 3 850
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 820K
Taxes + legal + admin fees R 19,9K

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

  • Asking price R 820 000
  • Deeds Office (transfer) R 713
  • Conveyancing (est., incl. VAT) R 19 159
  • Deeds lodgement R 52
  • Total indicative R 839 924

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 7 744 /month

Total paid over 20 years (deposit + repayments): R 1 940 442

Deposit 10% · R 82 000
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 738 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 820 000