Property
South Africa

3

Beds

1

Baths

House 3 beds 1 bath

About this property

A well-established freestanding home in Manenberg, Cape Town, presenting an excellent opportunity for both owner-occupiers and savvy investors. The main dwelling comprises three well-sized bedrooms and a full bathroom, with an open-plan kitchen flowing into a characterful lounge featuring a distinctive geometric timber ceiling and tiled flooring.

The property offers a secure, enclosed yard with controlled access via a steel palisade gate, accommodating more than three vehicles beneath a covered carport with a corrugated iron roof. The exterior combines exposed face-brick and plastered finishes, with security bars fitted to windows and a security gate at the entrance door.

At the rear of the main house sit two income-generating flatlets, each with a bathroom, providing immediate rental income and scope to develop further — ideal for investors seeking strong returns in a growing area.

The property is superbly positioned for families, with Manenberg Primary School approximately 66 m away, Silverstream Secondary School around 220 m distant, and multiple other schools within a short walk. Gugulethu Mall is roughly 900 m away, and Nyanga Junction Shopping Centre is just over 1 km, ensuring convenient access to retail and amenities.

Rooms & layout

Bedroom × 3
Bathroom
Kitchen
Lounge
Room × 3

Features & amenities

Security fencingParkingInvestment propertyIncome generating flatsIncome generating flatletsCovered carportSecurity palisade gateSecurity bars on windowsSecurity gate on entranceOpen plan kitchen lounge

Price & ownership

Asking price R 740 000
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 740K
Taxes + legal + admin fees R 18,7K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 740 000
  • Deeds Office (transfer) R 643
  • Conveyancing (est., incl. VAT) R 17 963
  • Deeds lodgement R 52
  • Total indicative R 758 658

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 6 988 /month

Total paid over 20 years (deposit + repayments): R 1 751 131

Deposit 10% · R 74 000
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 666 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 740 000