6
Beds
5
Baths
288 m²
Floor area
495 m²
Stand size
About this property
An excellent opportunity to acquire a well-located, easy-to-manage block of flats in the heart of La Rochelle — ideal for investors seeking steady income today with clear growth potential tomorrow.
Set on a 495sqm stand in a wide one-way street, this low-maintenance face-brick property offers strong fundamentals, consistent tenant demand, and room to expand.
KEY INVESTMENT SNAPSHOT
Stand Size: 495sqm
Units: 4
Total Bedrooms: 6
Total Bathrooms: 4
Combined Under-Roof: ±288sqm
Current Gross Rental: ±R15,000 pm
Potential Gross Rental: ±R18,000 pm
Monthly Expenses: ±R5,625
Zoning: Residential
Parking: Open parking for 6 cars
UNIT CONFIGURATION (EACH UNIT OFFERS):
One-and-a-half bedrooms
Lounge
Fitted kitchen
Separate toilet
Separate bathroom
Open parking
Tenant-paid utilities: Refuse, water and electricity billed as per usage — reducing landlord exposure.
PROPERTY FEATURES
Face-brick construction — low maintenance
Outside toilet
Wide, quiet one-way street
Half of the stand vacant at the back — ideal for future development or additional units (subject to approvals)
Easy-to-manage scale — perfect for first-time block investors or portfolio expansion
LOCATION ADVANTAGE
Strategically positioned close to: Public transport routes, Rosettenville Junction Mall, Schools and worship facilities, Takeaway restaurants and convenience shops, Wemmer Dam & Park (recreational facility), Approximately 5 minutes' drive to Johannesburg CBD
Strong rental demand driven by accessibility and central location.
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: 97.4% purchase price, 2.6% buying costs.
- Asking price R 1 450 000
- Transfer duty (est.) R 7 200
- Deeds Office (transfer) R 1 260
- Conveyancing (est., incl. VAT) R 29 612
- Deeds lodgement R 52
- Total indicative R 1 488 124
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 3 431 270
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 1 305 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.