3
Beds
2
Baths
About this property
An excellent investment opportunity in the heart of Protea Glen Ext 16 (Glen Ridge)! This versatile property offers a comfortable family home plus additional outside rooms that can generate extra rental income.
Main House Features:
- 3 well-sized bedrooms
- Spacious lounge
- Fitted kitchen
- 1 bathroom
Outside Accommodation:
- 3 large outside rooms
- Separate bathroom
Ideal for rental income or extended family living. This property is perfect for investors looking to earn additional income or buyers seeking a home with extra accommodation potential. Conveniently located close to schools, public transport, and essential amenities.
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: 97.6% purchase price, 2.4% buying costs.
- Asking price R 790 000
- Deeds Office (transfer) R 687
- Conveyancing (est., incl. VAT) R 18 711
- Deeds lodgement R 52
- Total indicative R 809 450
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 1 869 450
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 711 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 790 000