Sale
South Africa

3

Beds

3

Baths

5

Parking

1,112 m²

Floor area

1,112 m²

Stand size

House 3 beds 3 baths 1,112 m²

About this property

Prime Property presents this stunning home available for sale in Reservoir Hills. Varsity Drive, Reservoir Hills is a well-established and conveniently located residential area, offering a peaceful environment with easy access to major routes, shopping centres, and the UKZN Westville Campus. Known for its elevated position and strong community feel, the area is ideal for families, professionals, and investors seeking a central yet quiet address.

Property Features:

  • 3 well-sized bedrooms in the main house
  • 2 bathrooms in the main house
  • Lounge and dining room
  • Newly renovated kitchen
  • Guest house with an additional 4 rooms and a bathroom
  • 4 car garage
  • Alarm system with beams and cameras
  • Automated gate
  • 3 separate geysers
  • Well-maintained garden
  • Additional parking on driveway

Rooms & layout

Bedroom × 3
Bathroom × 3
Lounge
Dining Room
Kitchen
Garage × 5
Room × 4

Features & amenities

Guest houseNewly renovated kitchen4 car garageAlarm systemSecurity camerasAutomated gateGardenWell maintainedElevated position

Price & ownership

Asking price R 1 600 000
Price per m² R 1 439
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 1,6M
Taxes + legal + admin fees R 45,2K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 600 000
  • Transfer duty (est.) R 11 700
  • Deeds Office (transfer) R 1 390
  • Conveyancing (est., incl. VAT) R 32 085
  • Deeds lodgement R 52
  • Total indicative R 1 645 227

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 15 109 /month

Total paid over 20 years (deposit + repayments): R 3 786 229

Deposit 10% · R 160 000
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 1 440 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.