Sale
South Africa

1

Beds

2

Baths

1

Parking

House 1 bed 2 baths

About this property

This income-generating property is ideal for investors seeking immediate rental returns.

Main House Features:

  • 1 bedroom
  • Kitchen
  • Lounge
  • Bathroom with toilet and shower

Additional Income Units:

  • 2 outside rooms
  • Garage converted into a room with an en-suite bathroom

Additional Features:

  • Fully paved yard
  • Secure property with boundary walls and a gate
  • All units are currently tenanted

Rental Income: Estimated combined rental income of approximately R13,000 per month

A great investment opportunity in Protea Glen with steady cash flow already in place.

Rooms & layout

Bedroom 1
Bathroom × 2
Kitchen
Lounge
Room × 2
Converted Garage Room

Features & amenities

Investment propertyRental incomeTenantedSecure propertyBoundary wallsGatePaved yardEn suite

Price & ownership

Asking price R 1 450 000
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 1,5M
Taxes + legal + admin fees R 38,1K

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

  • Asking price R 1 450 000
  • Transfer duty (est.) R 7 200
  • Deeds Office (transfer) R 1 260
  • Conveyancing (est., incl. VAT) R 29 612
  • Deeds lodgement R 52
  • Total indicative R 1 488 124

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 13 693 /month

Total paid over 20 years (deposit + repayments): R 3 431 270

Deposit 10% · R 145 000
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 1 305 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.