Sale
South Africa

2

Beds

1

Baths

1

Parking

318 m²

Floor area

House 2 beds 1 bath 318 m²

About this property

A 2-bedroom main house with an open-plan lounge, kitchen, and bathroom. The property features 4 flatlets for extra rental income, making it an excellent investment opportunity. Situated in Bhongweni location – close to schools, taxi stands and surrounding shops. The spacious yard offers plenty of potential for future development. This prime location is attractive to tenants for its easy access to essential amenities and services.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Rental incomeFlatletsSpacious yardClose to schoolsClose to shops

Price & ownership

Asking price R 720 000
Price per m² R 2 264
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 720K
Taxes + legal + admin fees R 18,3K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 720 000
  • Deeds Office (transfer) R 626
  • Conveyancing (est., incl. VAT) R 17 664
  • Deeds lodgement R 52
  • Total indicative R 738 342

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 6 799 /month

Total paid over 20 years (deposit + repayments): R 1 703 803

Deposit 10% · R 72 000
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 648 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.