Sale
South Africa

18

Beds

5

Baths

20

Parking

2,457 m²

Floor area

2,457 m²

Stand size

House 18 beds 5 baths 2,457 m²

About this property

Overview

Investors & Developers – Prime Location! 3 road fronts with zoning for medium density housing. Ideal for multiple uses including offices, student accommodation, or conversion of existing buildings.

Features & Facilities

  • Existing buildings with 18 rooms
  • 4 lounges
  • Ample parking

Pricing

VAT is excluded from the price.

Rooms & layout

Bedroom × 18
Bathroom × 5
Living room × 4
Garage × 20

Features & amenities

investor opportunitydeveloper friendlymedium density zoningmultiple road frontsstudent accommodation potentialoffice space potentialample parking

Price & ownership

Asking price R 8 700 000
Price per m² R 3 541
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 8,7M
Taxes + legal + admin fees R 840,2K

Rough split: 91.2% purchase price, 8.8% buying costs.

  • Asking price R 8 700 000
  • Transfer duty (est.) R 734 356
  • Deeds Office (transfer) R 7 560
  • Conveyancing (est., incl. VAT) R 98 281
  • Deeds lodgement R 52
  • Total indicative R 9 540 249

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 82 157 /month

Total paid over 20 years (deposit + repayments): R 20 587 619

Deposit 10% · R 870 000
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 7 830 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.