Sale
South Africa

2

Beds

1

Baths

6

Parking

331 m²

Floor area

Commercial 2 beds 1 bath 331 m²

About this property

Looking for a smart investment in a high demand area? This well-positioned property in the heart of PMB offers excellent income generating potential. Currently operating as a convenience retail business, the property is located in a busy, high traffic area, making it ideal for investors or entrepreneurs looking to maximize returns. The property features 2 rooms and a kitchen, prime central location with high visibility and strong foot traffic. Fully fenced property currently utilized for retail/business purposes with excellent income generating potential. Sheltered area at the back, indoor toilet and bathroom.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Garage × 6

Features & amenities

Fully fencedRetail businessHigh traffic locationIncome generatingSheltered areaPrime central location

Price & ownership

Asking price R 1 300 000
Price per m² R 3 927
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 1,3M
Taxes + legal + admin fees R 30,9K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 1 300 000
  • Transfer duty (est.) R 2 700
  • Deeds Office (transfer) R 1 130
  • Conveyancing (est., incl. VAT) R 27 025
  • Deeds lodgement R 52
  • Total indicative R 1 330 907

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 12 276 /month

Total paid over 20 years (deposit + repayments): R 3 076 311

Deposit 10% · R 130 000
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.