Property
South Africa

2

Beds

2

Baths

4

Parking

90 m²

Floor area

House 2 beds 2 baths 90 m²

About this property

Secure complex with 2 separate rental apartments. Each unit contains 1 bedroom and 1 bathroom with open plan kitchen and lounge area. The kitchen features an electric oven and gas hob. Spacious bedroom with en suite bathroom opening onto a small patio or balcony. Prepaid electricity included. Current rental income approximately R6,000–R6,200 per unit per month. Complex amenities include 24-hour security, fully walled perimeter, 1 carport per unit, and pool. Walking distance to shops and schools. Easy access to Gautrain, N1 and N3 freeways. Handicap accessible. Scenic views.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 4

Features & amenities

Secure complex24 hour securityPoolCarportFully walledPrepaid electricityRental incomeGautrain accessNear shops and schoolsN1/N3 access

Price & ownership

Asking price R 970 000
Price per m² R 10 778
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 970K
Taxes + legal + admin fees R 22,3K

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

  • Asking price R 970 000
  • Deeds Office (transfer) R 843
  • Conveyancing (est., incl. VAT) R 21 402
  • Deeds lodgement R 52
  • Total indicative R 992 297

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 9 160 /month

Total paid over 20 years (deposit + repayments): R 2 295 401

Deposit 10% · R 97 000
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 873 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 970 000