House for sale

R 1 700 000

The Hill , Johannesburg , Gauteng

Beds

Baths

695 m²

Floor area

695 m²

Stand size

House 6 beds 4 baths 695 m²

About this property

Spacious family home with 3 income-generating cottages – a rare investment opportunity.

Main House Features:

3 generously sized bedrooms
1 tiled bathroom
Formal lounge – perfect for entertaining
Cozy TV/family room or dining room
Well equipped kitchen with adjacent scullery
Separate laundry area for added convenience

Income-Generating Cottages:

Three independent, self-contained cottages
Each cottage includes 1 bedroom, a private bathroom, and a kitchen
Private entrances for each unit – ideal for tenants or extended family
Individual prepaid electricity meters

Additional Highlights:

Ample open parking for residents and visitors
Well-kept garden with relaxing lapa and greenery
Excellent potential for rental income or guest accommodation

Whether you're an investor looking for rental return or a homeowner seeking space and versatility, this property offers both comfortable family living and exceptional income potential.

Rooms & layout

Bedroom × 6

Bathroom × 4

Lounge

Room × 3

Kitchen × 4

Features & amenities

Investment propertyRental incomeSelf contained cottagesGardenLapaParkingKitchenScullery

Price & ownership

Asking price R 1 700 000

Price per m² R 2 446

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 1,7M

Taxes + legal + admin fees R 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

Asking price R 1 700 000
Transfer duty (est.) R 15 786
Deeds Office (transfer) R 1 477
Conveyancing (est., incl. VAT) R 33 695
Deeds lodgement R 52
Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000

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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.