10
Beds
8
Baths
2
Parking
5,003 m²
Floor area
5,003 m²
Stand size
About this property
Overview
This exceptional stand offers endless potential for the savvy buyer or developer. With ample space and existing structures already in place, this property is ideal for redevelopment, rental income, or restoring the current buildings to their full glory.
Main House
- Two bedrooms
- One bathroom
- Spacious living area
- Kitchen
- Dining room
- Double garage
The upper level features a large storeroom and a patio accessible from inside the home or via an external staircase.
Existing Apartments
The property includes seven apartments—a mix of one- and two-bedroom units—each offering great rental potential. Multiple covered parking bays accommodate all residents comfortably.
Development Opportunity
A significant portion of the stand remains undeveloped, giving you the freedom to expand or build additional units.
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: 93.4% purchase price, 6.6% buying costs.
- Asking price R 4 000 000
- Transfer duty (est.) R 217 356
- Deeds Office (transfer) R 3 476
- Conveyancing (est., incl. VAT) R 63 725
- Deeds lodgement R 52
- Total indicative R 4 284 609
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 9 465 572
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 3 600 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.