Property
South Africa

18

Beds

5

Baths

20

Parking

2,457 m²

Floor area

2,457 m²

Stand size

House 18 beds 5 baths 2,457 m²

About this property

Overview

Investors & Developers – Prime Location! 3 road fronts with zoning for medium density housing. Ideal for multiple uses including offices, student accommodation, or conversion of existing buildings.

Features & Facilities

  • Existing buildings with 18 rooms
  • 4 lounges
  • Ample parking

Pricing

VAT is excluded from the price.

Rooms & layout

Bedroom × 18
Bathroom × 5
Living room × 4
Garage × 20

Features & amenities

Investor opportunityDeveloper friendlyMedium density zoningMultiple road frontsStudent accommodation potentialOffice space potentialAmple parking

Price & ownership

Asking price R 9 200 000
Price per m² R 3 744
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 9,2M
Taxes + legal + admin fees R 898,4K

Rough split: 91.1% purchase price, 8.9% buying costs.

  • Asking price R 9 200 000
  • Transfer duty (est.) R 789 356
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 101 248
  • Deeds lodgement R 52
  • Total indicative R 10 098 407

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 86 878 /month

Total paid over 20 years (deposit + repayments): R 21 770 816

Deposit 10% · R 920 000
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 8 280 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 9 200 000