Sale
South Africa

2

Beds

2

Baths

4

Parking

90 m²

Floor area

House 2 beds 2 baths 90 m²

About this property

Secure complex with 2 separate rental apartments. Each unit contains 1 bedroom and 1 bathroom with open plan kitchen and lounge area. The kitchen features an electric oven and gas hob. Spacious bedroom with en suite bathroom opening onto a small patio or balcony. Prepaid electricity included. Current rental income approximately R6,000–R6,200 per unit per month. Complex amenities include 24-hour security, fully walled perimeter, 1 carport per unit, and pool. Walking distance to shops and schools. Easy access to Gautrain, N1 and N3 freeways. Handicap accessible. Scenic views.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 4

Features & amenities

secure complex24-hour securitypoolcarportfully walledprepaid electricityrental incomeGautrain accessnear shops and schoolsN1/N3 access

Price & ownership

Asking price R 1 000 000
Price per m² R 11 111
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 1M
Taxes + legal + admin fees R 22,8K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 000 000
  • Deeds Office (transfer) R 869
  • Conveyancing (est., incl. VAT) R 21 850
  • Deeds lodgement R 52
  • Total indicative R 1 022 771

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 9 443 /month

Total paid over 20 years (deposit + repayments): R 2 366 393

Deposit 10% · R 100 000
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 900 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.