Sale
South Africa

2

Beds

1

Baths

2

Parking

90 m²

Floor area

House 2 beds 1 bath 90 m²

About this property

This is a great property for a cash investor with a 9.6% per annum ROI. Unit is professionally tenanted with an A-credit rating tenant paying R8,500 per month, with lease commencing 01 November 2025. Levies, rates and water total R2,868.13. Complex features face brick construction with minimal painting costs and low special levies. The unit has been recently painted with all faults repaired. Secure with burglar bars and security gates. Amenities include prepaid meter, lift access, fibre connectivity, wash lines, and braai area.

Rooms & layout

Bedroom × 2
Bathroom
Garage × 2

Features & amenities

SecureBurglar barsSecurity gatesLiftFibreBraai areaWell managed complexFace brickPrepaid meter

Price & ownership

Asking price R 730 000
Price per m² R 8 111
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 730K
Taxes + legal + admin fees R 18,5K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 730 000
  • Deeds Office (transfer) R 634
  • Conveyancing (est., incl. VAT) R 17 814
  • Deeds lodgement R 52
  • Total indicative R 748 500

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 6 894 /month

Total paid over 20 years (deposit + repayments): R 1 727 467

Deposit 10% · R 73 000
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 657 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.