Sale
South Africa

11

Beds

6

Baths

1,700 m²

Floor area

1,700 m²

Stand size

Commercial 11 beds 6 baths 1,700 m²

About this property

Prime location on University Road, a quick walk to Campus Square and UJ campus. Awesome investment opportunity, ideal for communes, perfect for business offices, or opportunity to build a commercial or apartment highrise building.

Main double-storey building with potential for seven offices or bedrooms with easy dry walling, reception/lounge area and kitchen. Potential four ablution facilities. One cottage on the property. Loads of parking. Adjoining property is a single-storey home with potential for four bedrooms and two ablution facilities, lounge and kitchen. Most of this home is dry-walled inside. Massive adjoining cottage that could be divided into smaller rooms with bathroom and kitchen, opening into the main house. Both properties were previously used for offices and have special rights.

Demolition is also an option to build an office apartment block on this main route next to retail and offices, as well as communes and a quick walk to Kingsway campus of UJ.

Rooms & layout

Bedroom × 11
Bathroom × 6
Kitchen
Lounge
Room × 3

Features & amenities

parkingcommercialinvestment opportunityoffice spacedevelopment potential

Price & ownership

Asking price R 5 000 000
Price per m² R 2 941
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 5M
Taxes + legal + admin fees R 408,1K

Rough split: 92.5% purchase price, 7.5% buying costs.

  • Asking price R 5 000 000
  • Transfer duty (est.) R 327 356
  • Deeds Office (transfer) R 4 345
  • Conveyancing (est., incl. VAT) R 76 326
  • Deeds lodgement R 52
  • Total indicative R 5 408 079

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 47 217 /month

Total paid over 20 years (deposit + repayments): R 11 831 965

Deposit 10% · R 500 000
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 4 500 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.