Property
South Africa

2

Beds

1

Baths

House 2 beds 1 bath

About this property

Affordable starter home offering fantastic opportunity for first-time buyers looking for an affordable property with great potential.

Features: • 2 Bedrooms • 1 Bathroom • Spacious Lounge Area – ideal for relaxing or entertaining • Kitchen

The property is fully fenced, providing added privacy and security, with wire mesh fencing and steel windows for extra durability. The yard offers space for future extensions or additional improvements, making this an excellent investment at this price point.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

FencedSecurityWire mesh fencingSteel windowsSpacious lounge

Price & ownership

Asking price R 370 000
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 370K
Taxes + legal + admin fees R 12,7K

Rough split: 96.7% purchase price, 3.3% buying costs.

  • Asking price R 370 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 12 185
  • Deeds lodgement R 52
  • Total indicative R 382 671

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 3 494 /month

Total paid over 20 years (deposit + repayments): R 875 565

Deposit 10% · R 37 000
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 333 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 370 000