Sale
South Africa

1

Baths

213 m²

Floor area

213 m²

Stand size

House 2 beds 1 bath 213 m²

About this property

Massive Income-Generating Asset in Chloorkop / Phomolong

This is a unique investment property featuring a comfortable main residence with 9 spacious and versatile outside rental rooms on a single stand. Properties with this number of rental units in high-demand areas like Chloorkop and Phomolong are rare.

Key Features:

  • Immediate income-generating potential
  • Prime location with strong tenant demand
  • Excellent rental configuration
  • Monthly rental income: R12,200
  • High ROI and high return potential
  • Perfect combination of solid infrastructure and location advantage

Rooms & layout

Bedroom × 2
Main Residence - Bathroom
Room × 9

Features & amenities

Investment propertyIncome generatingRental unitsHigh demand locationMultiple rental rooms

Price & ownership

Asking price R 780 000
Price per m² R 3 662
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 780K
Taxes + legal + admin fees R 19,3K

Rough split: 97.6% purchase price, 2.4% buying costs.

  • Asking price R 780 000
  • Deeds Office (transfer) R 678
  • Conveyancing (est., incl. VAT) R 18 561
  • Deeds lodgement R 52
  • Total indicative R 799 291

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 7 366 /month

Total paid over 20 years (deposit + repayments): R 1 845 787

Deposit 10% · R 78 000
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 702 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.