Sale
South Africa

5

Beds

2

Baths

6

Parking

1,566 m²

Floor area

1,566 m²

Stand size

Apartment 5 beds 2 baths 1,566 m²

About this property

Overview

This exceptional property presents an excellent opportunity for multi-tenant living or an investor seeking a development prospect. Positioned above road level, the home enjoys a sense of elevation and privacy. The property holds remarkable potential — whether as a developer's dream or a rewarding restoration project for someone seeking to create a unique and inviting home.

Accommodation

The main house offers three spacious bedrooms, complemented by multiple additional living units on the premises:

  • One-bedroom granny flat with privacy and comfort
  • Two-bedroom loft on one side of the house
  • One-bedroom unit on the opposite end
  • One-bedroom flat attached to the main house beneath a thatch roof with character and charm (in need of some restoration)

Features & Amenities

  • Large, beautifully maintained green yard — perfect for outdoor relaxation and entertainment
  • Designated braai and entertainment area
  • Two garages for ample parking and convenience
  • Swimming pool — ideal for family enjoyment or tenant use

Location

Situated in a sought-after area in Westville, the property is close to all schools, Westville University, shopping malls, freeways, and parks.

Rooms & layout

Bedroom × 5
Bathroom × 2
Kitchen
Lounge
Entertainment area
Garage × 6

Features & amenities

poolbraai areaentertainment areagreen yardmultiple living unitsgranny flatloftgarageselevated positioninvestment opportunity

Price & ownership

Asking price R 2 200 000
Price per m² R 1 405
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.