Sale
South Africa

5

Beds

2

Baths

1

Parking

714 m²

Floor area

House 5 beds 2 baths 714 m²

About this property

A well-positioned 5-bedroom income-generating property situated in The Hill, Johannesburg, Gauteng. Currently fully tenanted and yielding R12,500 per month in rental income, this home presents an excellent opportunity for savvy investors seeking immediate returns.

The property features five spacious bedrooms, a communal kitchen fitted with dark cabinetted units, a freestanding electric stove, double stainless steel sink, and tile-clad walls — all set under a tongue-and-groove ceiling. Two bathrooms are present: one is a separate toilet with a barred window, and the second is a shower bathroom with a pedestal basin, mirror cabinet, and curtain shower. Security burglar bars are visible on the windows throughout.

Externally, the home presents a neat grey plastered façade under a green corrugated roof, accessed via pink-painted steps from a generous yard with established trees, including a palm and flowering shrubs. The stand offers ample open yard space with clear potential for future extensions or additional rental units.

Prepaid electricity ensures easy management for landlords. The property is situated within walking distance of The Hill High School (~374 m), Highveld Primary School (~575 m), South Rand Hospital (~380 m), and a medical centre (~293 m), with neighbourhood eateries such as Mama Vee Kitchen (~152 m) and Christo's Cafe (~294 m) just steps away — making it highly attractive to tenants.

Note: The asking price of R1,299,000 is non-negotiable. This is an urgent sale at a reduced price — act quickly to secure this investment.

Rooms & layout

Bedroom × 5
Communal Kitchen
Bathroom / Shower
Separate Toilet
Parking
Garage

Features & amenities

rental incometenantedprepaid electricityinvestor opportunitynear schoolsnear transportnear hospitalburglar barssecurityample yard

Price & ownership

Asking price R 1 200 000
Price per m² R 1 681
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 1,2M
Taxes + legal + admin fees R 26,4K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 200 000
  • Deeds Office (transfer) R 1 043
  • Conveyancing (est., incl. VAT) R 25 300
  • Deeds lodgement R 52
  • Total indicative R 1 226 395

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 11 332 /month

Total paid over 20 years (deposit + repayments): R 2 839 672

Deposit 10% · R 120 000
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 1 080 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.