Sale
South Africa

5

Beds

2

Baths

9

Parking

2,630 m²

Floor area

2,630 m²

Stand size

House 5 beds 2 baths 2,630 m²

About this property

Overview

This substantial 5-bedroom, 2-bathroom residence in West Hill, Grahamstown presents a unique renovation opportunity. Set on a generous 2,630 sqm erf, this property offers a functional layout ready for modern updates.

Inside

A comfortable lounge and kitchen await transformation. Interior highlights include original parquet flooring and charming wooden slatted ceilings, hinting at classic character.

Outdoors & Amenities

The expansive garden boasts mature trees, providing privacy. A detached garage and ample parking for 8 vehicles cater to practical needs. Enjoy scenic views from this home.

Security Features

  • Electric fencing
  • Alarm system
  • Access gates
  • Burglar bars
  • Security gates

Additional Features

  • Water tanks
  • Two-bedroom cottage (R8,000 rental income per month)
  • Current rental income: R25,500 per month

This property offers so much opportunity for the right buyer.

Rooms & layout

Bedroom × 5
Bathroom × 2
Kitchen
Lounge
Garage × 9

Features & amenities

GardenMature treesSecurityElectric fencingAlarm systemBurglar barsSecurity gatesWater tanksCottageAmple parking

Price & ownership

Asking price R 2 250 000
Price per m² R 856
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.