Property
South Africa

5

Beds

4

Baths

23

Parking

4,047 m²

Floor area

4,047 m²

Stand size

House 5 beds 4 baths 4,047 m²

About this property

This is a rare opportunity to secure a multi-unit property on Old Main Road with Institution 2 Zoning, suitable for school, church, medical offices, clinic, retirement centre, kindergarten, boarding house, restaurant, shops, etc. Set on a full acre (approximately 4047m²), the property includes three distinct houses:

Main House (527m²): An expansive Spanish style retreat offering 5 bedrooms (3 en suite), 3 lounges, pub room, large kitchen and large pool with slide. The home features a very large garden with ample space for further development and 2 direct access garages.

Second House (184m²): A 2 bedroom, 2 bathroom single storey home with a study, 2 lounges, and an open plan kitchen and dining room. Features a large fully fenced garden and 1 garage.

Third House (80m²): An individually fenced property offering a bedroom, study, open plan living and good privacy.

Prime location with direct access to Old Main Road. Excellent development and investment potential.

Rooms & layout

Bedroom × 5
Bathroom × 4
Living room × 3
Pub Room
Kitchen
Study
Dining Room
Garage × 23

Features & amenities

PoolSlideGardenSpanish styleMulti unitInstitutional zoningDevelopment potentialSecurity fencing

Price & ownership

Asking price R 9 500 000
Price per m² R 2 347
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 9,5M
Taxes + legal + admin fees R 933,2K

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

  • Asking price R 9 500 000
  • Transfer duty (est.) R 822 356
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 103 028
  • Deeds lodgement R 52
  • Total indicative R 10 433 187

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 89 711 /month

Total paid over 20 years (deposit + repayments): R 22 480 733

Deposit 10% · R 950 000
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 8 550 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 9 500 000