Sale
South Africa

8

Beds

3

Baths

8

Parking

2,974 m²

Floor area

2,974 m²

Stand size

House 8 beds 3 baths 2,974 m²

About this property

Overview

In the highly desired suburb of Melrose, a family home for the future. Upon entering the home, one is immediately aware of the indoor-outdoor connection further enhanced by the expansive well-treed garden, patio and living areas.

Main Residence

Central to the home is a well-equipped kitchen and breakfast room opening onto a private courtyard. The bedroom wing includes a spacious main bedroom with an excellent dressing room, 3 further bedrooms and family bathroom.

Additional Features

  • 2-bedroom cottage with 2 living rooms plus study (dual living potential)
  • Staff cottage consisting of 2 bedrooms, lounge and kitchen
  • Double garage and off-street parking

Rooms & layout

Bedroom × 8
Room × 2
Kitchen × 2
Living room × 4
Dining Room
Bathroom × 3
Study
Garage × 8

Features & amenities

gardenpatiocourtyarddressing roomdual living potentialcottagestaff quartersdouble garageoff-street parking

Price & ownership

Asking price R 7 400 000
Price per m² R 2 488
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 7,4M
Taxes + legal + admin fees R 688,4K

Rough split: 91.5% purchase price, 8.5% buying costs.

  • Asking price R 7 400 000
  • Transfer duty (est.) R 591 356
  • Deeds Office (transfer) R 6 431
  • Conveyancing (est., incl. VAT) R 90 567
  • Deeds lodgement R 52
  • Total indicative R 8 088 406

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 69 880 /month

Total paid over 20 years (deposit + repayments): R 17 511 308

Deposit 10% · R 740 000
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 6 660 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.