2
Beds
2
Baths
693 m²
Floor area
693 m²
Stand size
About this property
This well-maintained home features two bedrooms and two bathrooms, offering space and privacy for everyday living. The property includes a functional kitchen and a welcoming lounge ideal for relaxing or entertaining guests. The layout is practical and suited for families, professionals, or first-time buyers. It provides a comfortable lifestyle in a quiet and established part of Norkem Park.
In addition to the main house, the property offers four outside units with great rental income potential. These units are ideal for extended family, tenants, or home-based business use. Located in Norkem Park, Gauteng, the property is close to schools, transport routes, and amenities. This makes it a smart investment and a valuable long-term asset.
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: 97.6% purchase price, 2.4% buying costs.
- Asking price R 1 350 000
- Transfer duty (est.) R 4 200
- Deeds Office (transfer) R 1 173
- Conveyancing (est., incl. VAT) R 27 887
- Deeds lodgement R 52
- Total indicative R 1 383 312
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 3 194 631
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 1 215 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.