Sale
South Africa

11

Beds

3

Baths

300 m²

Floor area

House 11 beds 3 baths 300 m²

About this property

Overview

Welcome to Jan Hofmeyer, a suburb that sits adjacent to the UJ Bunting Road Campus Gates and on the border of WITS University. From the doorstep of this property, you look directly into the UJ sports field.

This sought-after location is highly desired by students attending The University of Johannesburg Bunting Road Campus. The property is located just 20 metres from the nearest UJ Bunting Road Campus gate.

Accommodation & Capacity

This commune has COJ Consent for 10 students; however, it can comfortably sleep 11 students across the main house and cottage.

Main House:

  • 11 bedrooms
  • 1 sitting room
  • 1 kitchen
  • 3 bathrooms

The property features a communal kitchen and sitting room for shared use.

Features & Amenities

  • Fully furnished
  • Jojo tank installed for water outages
  • Direct views of UJ sports field

Accreditation

This property is not currently NSFAS Accredited; however, accreditation can be applied for by the new owner.

Rooms & layout

Bedroom × 11
Bathroom × 3
Kitchen
Sitting Room

Features & amenities

Student AccommodationFurnishedWater TankUniversity ProximityMulti-bedroom

Price & ownership

Asking price R 1 550 000
Price per m² R 5 167
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.