17
Beds
10
Baths
894 m²
Floor area
About this property
Double stand investment property in Kensington, Johannesburg. This property comprises two 3-storey buildings and 2 x 1-storey 1-bedroom apartments.
First building: Ground floor approved for 1-bedroom apartments. First floor has 2 x 2-bedroom apartments. Third floor has 2 x 2-bedroom apartments.
Second building: Similar layout to the first, with the second floor having 1 x 1-bedroom and 1 x 2-bedroom apartment.
Additional 2 single-storey buildings: Each contains 1-bedroom apartments.
The property is nearly complete with only minor fittings remaining. Located 2km from East Gate Mall, 3km to UJ Doornfontein Campus, and 6km from Wits University. Close to multiple amenities, making this suitable for rental income generation.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 93.2% purchase price, 6.8% buying costs.
- Asking price R 4 100 000
- Transfer duty (est.) R 228 356
- Deeds Office (transfer) R 3 563
- Conveyancing (est., incl. VAT) R 64 985
- Deeds lodgement R 52
- Total indicative R 4 396 956
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
Total paid over 20 years (deposit + repayments): R 9 702 211
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 3 690 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.