8
Beds
4
Baths
6
Parking
2,091 m²
Floor area
2,091 m²
Stand size
About this property
Investment Property – Observatory, Johannesburg
This estate property at 17 Urania Street offers multiple dwellings, making it a lucrative investment for buy-to-let or redevelopment.
Key Highlights
- Multi-house setup ideal for generating rental income
- Executor sale – motivated sellers
- Each unit with its own pre-paid electricity meters
- Huge communal yard for tranquility
- Each unit with rental potential of R6,000 per month income
Why Invest Here?
Observatory is a well-established suburb with strong rental demand. With refurbishment, this property can deliver excellent returns for investors.
Contact agent to arrange an exclusive viewing appointment. Pre-qualification required.
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: 97.1% purchase price, 2.9% buying costs.
- Asking price R 1 700 000
- Transfer duty (est.) R 15 786
- Deeds Office (transfer) R 1 477
- Conveyancing (est., incl. VAT) R 33 695
- Deeds lodgement R 52
- Total indicative R 1 751 010
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 4 022 868
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.