Property
South Africa

4

Beds

1

Baths

160 m²

Floor area

House 4 beds 1 bath 160 m²

About this property

Overview

Exclusive sole mandate. Perfectly positioned on Fenton Road, Salt River, within proximity to the newly developed Amazon Riverlands precinct, this double-storey fixer-upper presents an exceptional opportunity for homeowners, investors, or developers seeking location, views, and future growth potential.

Zoned GB5, the property allows for a variety of mixed-use and higher-density development options, making it ideal for those looking to add value through renovation, redevelopment, or conversion.

The Property

The existing home comprises:

  • 4 bedrooms
  • 1 bathroom
  • Functional kitchen
  • Spacious lounge/dining area

The layout is well-suited for comfortable living, student accommodation, or shared rental use.

Key Features

  • Panoramic Table Mountain views from upstairs balcony — a rare, highly sought-after attribute that significantly enhances both lifestyle appeal and investment value
  • Off-street parking — a valuable convenience in this central urban location
  • Private water meter and pre-paid electricity
  • GB5 zoning for mixed-use and higher-density development

Location & Access

Excellent proximity to:

  • CBD and public transport
  • Major routes and local amenities
  • Amazon Riverlands development

Rooms & layout

Bedroom × 4
Bathroom
Kitchen
Lounge
Dining Room
Balcony

Features & amenities

Table Mountain viewsBalconyOff street parkingDouble storeyFixer upperGB5 zoningWater meterPre paid electricityDevelopment potentialCBD access

Price & ownership

Asking price R 1 750 000
Price per m² R 10 938
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 1,8M
Taxes + legal + admin fees R 54,9K

Rough split: 97.0% purchase price, 3.0% buying costs.

  • Asking price R 1 750 000
  • Transfer duty (est.) R 18 786
  • Deeds Office (transfer) R 1 521
  • Conveyancing (est., incl. VAT) R 34 500
  • Deeds lodgement R 52
  • Total indicative R 1 804 859

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 16 526 /month

Total paid over 20 years (deposit + repayments): R 4 141 188

Deposit 10% · R 175 000
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 1 575 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 750 000