Sale
South Africa

4

Beds

2

Baths

2

Parking

594 m²

Floor area

594 m²

Stand size

Apartment 4 beds 2 baths 594 m²

About this property

Overview

Eddie presents this fantastic opportunity in the heart of Kensington. Situated on a very quiet street, this well-maintained property is ideally located close to primary and high schools, with easy access to Eastgate Shopping Centre and convenient routes to O. R. Tambo International Airport.

Main House

The spacious 3-bedroom main house features:

  • Built-in cupboards
  • Two separate bathrooms (one with shower, one with bathtub)
  • Generously sized kitchen with space for kids' dining area
  • Formal dining room
  • Comfortable sitting room

Outdoor Features & Additional Units

  • Manageable swimming pool
  • Welcoming entertainment area at the front
  • Parking space for over five cars

At the back, the property boasts two additional cottages:

  • 1-bedroom unit with shower, toilet, open-plan living area, and kitchenette
  • Bachelor unit with shower, toilet, and small sitting space

Perfect for extended family or rental income.

Rooms & layout

Bedroom × 4
Bathroom × 2
Kitchen × 2
Dining Room
Living room × 2
Room × 2
Garage × 2

Features & amenities

swimming poolentertainment areaparkingbuilt-in cupboardscottage rentalsinvestment opportunitynear schoolsnear shopping centre

Price & ownership

Asking price R 1 550 000
Price per m² R 2 609
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.