Sale
South Africa

6

Beds

5

Baths

480 m²

Floor area

1,800 m²

Stand size

Commercial 6 beds 5 baths 480 m²

About this property

This large property has been re-zoned from Res 1 to Bus 4 for Offices to be built. The position is ideal for business as it is situated in the main corridor through Fourways Proper Hub in Kingfisher Drive.

The property has a very wide frontage and high visibility, ideal for signage. There is a very large open area on the side that could probably accommodate 40+ cars.

The existing building condition needs a facelift as it has been neglected, however will provide a strong base for a new layout plan.

The original family home includes:

  • 5 bedrooms, 4 bathrooms
  • Master suite upstairs with bathroom and balcony
  • Large entertainment room overlooking swimming pool
  • Lounge, dining room
  • Flatlet or staff accommodation with kitchen, bedroom, bathroom and own entrance
  • Double garage converted into a large office with glass sliding doors

Amenities:

  • Borehole (approximately 35 metres) and JoJo Tank, both in working order with pump
  • Water feature at front door and fish pond at the back
  • Easy access to Witkoppen Rd and Winnie Mandela Drive
  • Shopping centre, service station and school nearby

Great potential for a developer.

Rooms & layout

Bedroom × 6
Bathroom × 5
Kitchen × 2
Lounge
Dining Room
Entertainment Room
Office

Features & amenities

re-zonedbusiness zoneswimming poolboreholeparkinghigh visibilitywater featurefish ponddeveloper potential

Price & ownership

Asking price R 4 000 000
Price per m² R 8 333
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 4M
Taxes + legal + admin fees R 284,6K

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

R 37 773 /month

Total paid over 20 years (deposit + repayments): R 9 465 572

Deposit 10% · R 400 000
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 3 600 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.