Sale
South Africa

1

Beds

1

Baths

1

Parking

1,011 m²

Floor area

1,011 m²

Stand size

Commercial 1 bed 1 bath 1,011 m²

About this property

Commercial Property with Income-Generating Flatlet for Sale in Berea

Virtual Realty Group proudly presents this versatile commercial property offering excellent business potential and additional rental income.

The property features a welcoming reception and waiting area that creates a professional first impression for clients. There are four spacious offices that can easily be used as consulting rooms, executive offices, or collaborative workspaces.

The main office area includes a fully fitted kitchen with built-in cupboards. A second private kitchen opens onto a deck overlooking the backyard, providing a comfortable space for staff breaks or informal meetings. A conveniently located restroom completes the office layout.

Parking is well catered for with a double carport, secure double parking, and additional off-street parking for clients and staff.

An outstanding feature of this property is the separate income-generating flatlet with its own private entrance, double garage, fully walled yard, and alarm system. This space can generate rental income, be used as additional office space, or provide staff accommodation.

Secure, functional, and packed with opportunity, this property offers both business convenience and investment value.

Rooms & layout

Room × 3
Study × 4
Kitchen × 2
Double Garage
Bedroom 1
Bathroom

Features & amenities

commercialoffice spacerental incomeflatletdouble carportdouble garagefully walled yardalarm systemdeckkitchen fitted

Price & ownership

Asking price R 2 250 000
Price per m² R 2 226
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 2,3M
Taxes + legal + admin fees R 92,5K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 250 000
  • Transfer duty (est.) R 48 786
  • Deeds Office (transfer) R 1 955
  • Conveyancing (est., incl. VAT) R 41 675
  • Deeds lodgement R 52
  • Total indicative R 2 342 468

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 21 247 /month

Total paid over 20 years (deposit + repayments): R 5 324 384

Deposit 10% · R 225 000
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 2 025 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.