Property
South Africa

5

Beds

3

Baths

1

Parking

302 m²

Floor area

302 m²

Stand size

House 5 beds 3 baths 302 m²

About this property

An exceptional opportunity for multi-generational living or rental income investment — two dwellings on one plot in the well-established suburb of Steenberg, Cape Town. The property comprises a 3-bedroom main house and a separate 2-bedroom dwelling, with early occupation available.

The charcoal-rendered double-storey façade at number 117 presents confident kerb appeal, secured by high boundary walls, a white roll-up garage door, a motorised sliding vehicle gate, and a pedestrian gate. The paved brick forecourt accommodates up to three vehicles in addition to a single lock-up garage.

The main kitchen is well-appointed with warm cherry-toned wooden cabinetry, bar-pull handles, dark granite countertops, a built-in oven and gas hob with canopy extractor fan, and laminate wood flooring. A feature brick-framed pass-through counter connects the kitchen to the adjoining open-plan living area. A second kitchen mirrors the same cabinetry finishes with a stainless-steel double sink, granite countertops, and a small window — serving equally well as a scullery or the second unit's kitchen. A tiled entrance hall with dark slate flooring links the main living zones, fitted with large dark-panel built-in cupboards for ample storage.

Across both dwellings the residence offers five bedrooms and three bathrooms, one of which is en-suite. Bedrooms feature warm wooden flooring and wood-panelled ceilings, several with built-in wardrobes. A rustic indoor braai room with wooden slatted ceiling and skylight adds a distinctive entertaining dimension. Outdoor amenities include a built-in braai and a jacuzzi. A borehole ensures water resilience, the property is fibre-ready, and security bars on windows throughout provide added peace of mind. Pet-friendly.

Wagner Road Park is just 106 m away for a morning stroll, Steenberg Shopping Centre and Shoprite are approximately 590 m straight-line for daily grocery needs, and Steenberg Station is roughly 715 m away — making this an exceptionally well-connected address in a well-established residential pocket of Cape Town's Southern Suburbs.

Rooms & layout

Bedroom × 5
Bathroom × 3
Kitchen × 2
Room × 2
Open-plan Living Area
Garage

Features & amenities

Two houses on one plotEarly occupation availableSecure perimeterHigh wallsOff street parkingModern kitchenIndoor braaiJacuzziBoreholeFibre ready

Price & ownership

Asking price R 1 500 000
Price per m² R 4 967
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 1,5M
Taxes + legal + admin fees R 40,5K

Rough split: 97.4% purchase price, 2.6% buying costs.

  • Asking price R 1 500 000
  • Transfer duty (est.) R 8 700
  • Deeds Office (transfer) R 1 304
  • Conveyancing (est., incl. VAT) R 30 475
  • Deeds lodgement R 52
  • Total indicative R 1 540 531

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 14 165 /month

Total paid over 20 years (deposit + repayments): R 3 549 589

Deposit 10% · R 150 000
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 1 350 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 500 000