8
Beds
3
Baths
5
Parking
244 m²
Floor area
About this property
Remarkable investment property generating impressive rental income of R9,300 per month. Features 7 outside rental rooms (3 downstairs, 4 upstairs) with individual room rentals ranging from R1,000 to R2,000 per month.
Main house includes: well-appointed kitchen with ample cupboard space, 2 generously sized bedrooms, separate full bathroom, inviting lounge and dining room, and additional lounge area with charming thatch roof. Property has historical tavern use and comes with a liquor license.
Amenities: 2 geysers, beautifully tiled yard, secure parking for up to 4 cars with CCTV cameras. Conveniently located near schools, petrol stations, taxi ranks, bus stops, hospitals, clinics, and police station.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.7% purchase price, 2.3% buying costs.
- Asking price R 870 000
- Deeds Office (transfer) R 756
- Conveyancing (est., incl. VAT) R 19 907
- Deeds lodgement R 52
- Total indicative R 890 715
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
Total paid over 20 years (deposit + repayments): R 2 058 762
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 783 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 870 000