3
Beds
2
Baths
1
Parking
991 m²
Floor area
991 m²
Stand size
About this property
Commercial property with mixed-use residential and retail components. THE HOME: Spacious residential section consisting of a kitchen, lounge, dining room, 3 bedrooms, study, 2 bathrooms, double garage, staff quarters and parking for about 6 cars. THE BUILDING: Commercial space currently includes an upholsterer shop, corner grocery store, storeroom, 2 additional storage shops, and a large storeroom. Toilets and parking for 4 cars in the yard. RENTAL INCOME: Café R8,000/month, upholsterer R5,000/month, two other shops R7,500 each (owner currently using), house R8,000/month. Potential to increase shop rents to R12,000-R15,000/month and upholsterer to R7,500/month.
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: 94.9% purchase price, 5.1% buying costs.
- Asking price R 3 000 000
- Transfer duty (est.) R 107 356
- Deeds Office (transfer) R 2 607
- Conveyancing (est., incl. VAT) R 51 125
- Deeds lodgement R 52
- Total indicative R 3 161 140
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 7 099 179
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 2 700 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.