Sale
South Africa

1

Beds

1

Baths

200 m²

Floor area

Apartment 1 bed 1 bath 200 m²

About this property

Discover the perfect blend of comfort and investment potential with this unique property offering. This bachelor unit features a spacious bedroom, a well-equipped kitchen, and two inviting living areas, complemented by a modern bathroom.

In addition to the main living space, the property boasts six exterior rooms currently generating a steady rental income of R7,300 per month. This is an ideal opportunity for those seeking a home that also provides financial returns.

For investors looking to maximize their rental portfolio, there's exciting potential to transform the existing bachelor unit. You can partition it into four additional rooms or convert it into two modernized bachelor units complete with showers. This enhancement could increase your total rental income to an impressive R12,000 per month.

Whether you're searching for a place to call home with added income benefits or an investment opportunity with substantial growth potential, this property is a must-see.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Living room × 2
Room × 6

Features & amenities

Investment opportunityRental incomeBachelor unitMultiple living areasExterior rooms

Price & ownership

Asking price R 810 000
Price per m² R 4 050
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 810K
Taxes + legal + admin fees R 19,8K

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

  • Asking price R 810 000
  • Deeds Office (transfer) R 704
  • Conveyancing (est., incl. VAT) R 19 010
  • Deeds lodgement R 52
  • Total indicative R 829 766

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 7 649 /month

Total paid over 20 years (deposit + repayments): R 1 916 778

Deposit 10% · R 81 000
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 729 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.