3
Beds
2
Baths
About this property
An excellent investment opportunity in the heart of Protea Glen Ext 16 (Glen Ridge)! This versatile property offers a comfortable family home plus additional outside rooms that can generate extra rental income.
Main House Features:
- 3 well-sized bedrooms
- Spacious lounge
- Fitted kitchen
- 1 bathroom
Outside Accommodation:
- 3 large outside rooms
- Separate bathroom
Ideal for rental income or extended family living. This property is perfect for investors looking to earn additional income or buyers seeking a home with extra accommodation potential. Conveniently located close to schools, public transport, and essential amenities.
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: 97.6% purchase price, 2.4% buying costs.
- Asking price R 790 000
- Deeds Office (transfer) R 687
- Conveyancing (est., incl. VAT) R 18 711
- Deeds lodgement R 52
- Total indicative R 809 450
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 1 869 450
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 711 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.