House for sale

R 610 000

Soshanguve Vv , Soshanguve , Gauteng

Beds

Baths

190 m²

Floor area

House 2 beds 1 bath 190 m²

About this property

A great opportunity to buy your dream home. This 2-bedroom house is part of a FLISP (First Home) financing programme that could help qualify first-time buyers. Potential subsidy from R38,911 up to R169,265 available to cover transfer, bond costs or deposit. Eligible buyers must earn between R3,501 and R22,000 basic salary monthly, be first-time buyers, have dependents, and be South African citizens.

Rooms & layout

Bedroom × 2

Bathroom

Features & amenities

FLISP eligibleFirst time buyer programmeSubsidy available

Price & ownership

Asking price R 610 000

Price per m² R 3 211

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 610K

Taxes + legal + admin fees R 16,6K

Rough split: 97.4% purchase price, 2.6% buying costs.

Asking price R 610 000
Deeds Office (transfer) R 530
Conveyancing (est., incl. VAT) R 16 019
Deeds lodgement R 52
Total indicative R 626 601

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 5 760 /month

Total paid over 20 years (deposit + repayments): R 1 443 500

Deposit 10% · R 61 000

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 549 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.