House for sale

R 9 200 000

Hillcrest Central , Hillcrest , KwaZulu-Natal

Beds

Baths

Parking

4,047 m²

Floor area

4,047 m²

Stand size

House 5 beds 4 baths 4,047 m²

About this property

This is a rare opportunity to secure a multi-unit property on Old Main Road with Institution 2 Zoning, suitable for school, church, medical offices, clinic, retirement centre, kindergarten, boarding house, restaurant, shops, etc. Set on a full acre (approximately 4047m²), the property includes three distinct houses:

Main House (527m²): An expansive Spanish style retreat offering 5 bedrooms (3 en suite), 3 lounges, pub room, large kitchen and large pool with slide. The home features a very large garden with ample space for further development and 2 direct access garages.

Second House (184m²): A 2 bedroom, 2 bathroom single storey home with a study, 2 lounges, and an open plan kitchen and dining room. Features a large fully fenced garden and 1 garage.

Third House (80m²): An individually fenced property offering a bedroom, study, open plan living and good privacy.

Prime location with direct access to Old Main Road. Excellent development and investment potential.

Rooms & layout

Bedroom × 5

Bathroom × 4

Living room × 3

Pub Room

Kitchen

Study

Dining Room

Garage × 23

Features & amenities

PoolSlideGardenSpanish styleMulti unitInstitutional zoningDevelopment potentialSecurity fencing

Price & ownership

Asking price R 9 200 000

Price per m² R 2 273

Municipal valuation -

Cost to buy (indicative)

Including bond costs

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 9,2M

Taxes + legal + admin fees R 898,4K

Rough split: 91.1% purchase price, 8.9% buying costs.

Asking price R 9 200 000
Transfer duty (est.) R 789 356
Deeds Office (transfer) R 7 751
Conveyancing (est., incl. VAT) R 101 248
Deeds lodgement R 52
Total indicative R 10 098 407

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 86 878 /month

Total paid over 20 years (deposit + repayments): R 21 770 816

Deposit 10% · R 920 000

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 8 280 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.