Sale
South Africa

5

Beds

3

Baths

4

Parking

Commercial 5 beds 3 baths

About this property

Overview

This truly unique property in the heart of Flamwood stands out for its remarkable flexibility, generous proportions, and above all—its highly valuable commercial rights. Whether you're looking to run a business from home, generate rental income, or simply enjoy expansive living with versatile options, this property delivers in full.

The main home features four spacious bedrooms, well-maintained interiors, and seamless flow throughout. But the true value lies in its multi-functional layout, featuring two separate flatlets and multiple access points—making it ideal for a home-office setup, extended family, or income-generating rentals.

Key Features

  • Full commercial rights – a rare and powerful advantage in this prime Flamwood location, allowing for legal business operations from home
  • Multiple entrances – one leading to the front of the main residence, and a second drive-through entrance to the back of the property, offering flexible access to the home, office, or flatlets as needed
  • Flatlet 1 (Office conversion) – Includes a private bedroom or office, a massive open-plan area (approx. double-garage size), a bathroom, and a storage room easily converted into a kitchenette. Ideal as an office or a second flatlet
  • Flatlet 2 (Bachelor's unit) – A spacious, open-plan bachelor-style unit larger than most main bedrooms, complete with its own bathroom. Add a kitchenette and it becomes a comfortable, income-ready living space
  • Face brick construction – low-maintenance, cost-effective, and built to last
  • Enclosed backyard – private and secure, featuring a Lapa and swimming pool (the pool requires a bit of TLC to restore its shine)
  • Servants' quarters and external storage room for added practicality
  • Ample carports at the back – more than enough parking space for six vehicles, ideal for guests, tenants, or business use

Rooms & layout

Bedroom × 5
Bathroom × 3
Kitchen
Lounge
Room × 3
Garage × 4

Features & amenities

commercial rightspoollapasecure backyardcarportstorage roomflatletsface brickhome officerental income

Price & ownership

Asking price R 2 300 000
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 2,3M
Taxes + legal + admin fees R 96,1K

Rough split: 96.0% purchase price, 4.0% buying costs.

  • Asking price R 2 300 000
  • Transfer duty (est.) R 51 786
  • Deeds Office (transfer) R 1 999
  • Conveyancing (est., incl. VAT) R 42 305
  • Deeds lodgement R 52
  • Total indicative R 2 396 142

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 21 720 /month

Total paid over 20 years (deposit + repayments): R 5 442 704

Deposit 10% · R 230 000
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 2 070 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.