Sale
South Africa

3

Beds

1

Baths

6

Parking

1,151 m²

Floor area

1,151 m²

Stand size

Apartment 3 beds 1 bath 1,151 m²

About this property

Prime Investment Opportunity with Harbour Views – Bluff. Positioned in the Marlborough Park area of the Bluff, this income-generating property presents an exceptional opportunity for investors and developers looking to secure strong returns with future upside. The main residence offers 3 well-sized bedrooms and 1 bathroom, complemented by open living spaces and elevated harbour views, making it ideal for owner-occupier use or rental demand.

What truly sets this property apart is its multiple income streams. In addition to the main house, the property features four bachelor units and two Wendy houses, all offering excellent rental potential. This setup is ideal for long-term tenants, short-term accommodation, or student and workforce housing.

A decently sized swimming pool enhances tenant appeal during the hot summer heat and overall property value, while the layout of the property allows for flexible use and potential further development (subject to municipal approvals).

Rooms & layout

Bedroom × 3
Bathroom
Lounge
Parking
Garage × 6

Features & amenities

Harbour viewsSwimming poolRental incomeBachelor unitsWendy housesInvestment opportunityFlexible development potential

Price & ownership

Asking price R 2 200 000
Price per m² R 1 911
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 2,2M
Taxes + legal + admin fees R 88,8K

Rough split: 96.1% purchase price, 3.9% buying costs.

  • Asking price R 2 200 000
  • Transfer duty (est.) R 45 786
  • Deeds Office (transfer) R 1 912
  • Conveyancing (est., incl. VAT) R 41 045
  • Deeds lodgement R 52
  • Total indicative R 2 288 795

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 20 775 /month

Total paid over 20 years (deposit + repayments): R 5 206 065

Deposit 10% · R 220 000
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 1 980 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.