3
Beds
2
Baths
575 m²
Floor area
About this property
Investment Gem in South Hills – 3-Bedroom Home + Rental Income
Spacious 3-bedroom house with kitchen and dining area, plus 7 outside rooms and a spaza shop generating ±R17,900 per month. Fully tenanted and ideally located near schools, shops, and transport routes. Perfect for investors seeking immediate returns in a high-demand rental area.
Features & Benefits:
- 3 spacious bedrooms in the main house
- 7 outside rooms with steady rental income
- Spaza shop generating extra monthly revenue
- Fully tenanted – immediate investment returns (current rental income R17,900 pm)
- Close to schools, malls, and major transport links
- Located in a safe, high-demand rental neighborhood
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: 97.8% purchase price, 2.2% buying costs.
- Asking price R 1 150 000
- Deeds Office (transfer) R 999
- Conveyancing (est., incl. VAT) R 24 437
- Deeds lodgement R 52
- Total indicative R 1 175 488
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 2 721 352
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 1 035 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.