Sale
South Africa

4

Beds

3

Baths

3

Parking

494 m²

Floor area

House 4 beds 3 baths 494 m²

About this property

Overview

Two houses on one stand offered for R1,250,000. An excellent value for money opportunity with multiple living and income potential.

Main House

The primary house is in very good condition and ready to move into immediately.

Secondary House

The second house requires paint and cleanup but offers good bones for renovation.

Additional Features

  • Spacious outbuilding currently used as a workshop — easily convertible to a cottage
  • Single garage plus additional parking
  • Two entrances: vehicle access on Ninth Avenue and located on Albertina Sisulu

Location

The property benefits from excellent accessibility with dual entry points on Ninth Avenue and Albertina Sisulu.

Rooms & layout

Bedroom × 4
Bathroom × 3
Garage × 3

Features & amenities

two houses on one standoutbuildingworkshopgarageparkingtwo entrances

Price & ownership

Asking price R 1 250 000
Price per m² R 2 530
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 1,3M
Taxes + legal + admin fees R 28,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 250 000
  • Transfer duty (est.) R 1 200
  • Deeds Office (transfer) R 1 086
  • Conveyancing (est., incl. VAT) R 26 162
  • Deeds lodgement R 52
  • Total indicative R 1 278 500

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 11 804 /month

Total paid over 20 years (deposit + repayments): R 2 957 991

Deposit 10% · R 125 000
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 1 125 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.