Sale
South Africa

4

Beds

3

Baths

1

Parking

924 m²

Floor area

924 m²

Stand size

House 4 beds 3 baths 924 m²

About this property

Situated on a quiet road in upper Glenwood, this substantial double-storey family home on 924 m² of land offers exceptional versatility with a main residence plus two income-generating flats — ideal for the investor-owner seeking supplementary rental income.

The main home features four generously proportioned bedrooms, with the main bedroom boasting a full en-suite bathroom. Original polished hardwood timber floors run throughout the living areas, adding warmth and character. The expansive lounge is bathed in natural light through beautiful leadlight and bay windows, and opens into a separate formal dining room with a classic chandelier — both rooms showcasing rich, honey-toned wooden flooring. A well-appointed kitchen includes a separate laundry and scullery with ample storage and elegant fixtures.

For outdoor entertaining, the property delivers in abundance: a large swimming pool set on a brick-paved surround, a spacious covered upper-level balcony with a braai area, and landscaped gardens teeming with bird life. Security is well considered, with burglar bars and trellis gates fitted throughout.

A lock-up garage and additional off-street parking for approximately eight vehicles complete the picture.

The two income-generating flats are larger than average and represent a compelling investment offset. The property is ideally positioned just moments from Kingsley Gardens park (~110 m), The Glenwood Bakery (~145 m), and Berea Centre shopping mall (~530 m), with Sycamore Academy school within 360 m.

Rooms & layout

Bedroom × 4
Bathroom × 2
Separate Toilet
Lounge
Dining Room
Kitchen
Room × 4
Covered Balcony / Braai Area
Garage

Features & amenities

poolbraaigardengarageparkingincome generating flatsentertainment arealandscaped gardensswimming poolcovered balcony

Price & ownership

Asking price R 2 200 000
Price per m² R 2 381
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.