Sale
South Africa

7

Beds

5

Baths

14

Parking

1,623 m²

Floor area

1,623 m²

Stand size

Apartment 7 beds 5 baths 1,623 m²

About this property

Overview

This spacious property solves multiple needs — offering space, security, and strong return on investment. Designed for families requiring generous living spaces, it delivers multiple income opportunities and exceptional flexibility in one of Rustenburg's most established areas.

Main Home

The main home features a well-balanced layout with a spacious lounge, dining area, practical kitchen with scullery, four bedrooms and multiple en-suite bathrooms — perfectly suited for larger families or those who value privacy and convenience.

Outdoor entertainment is a highlight, with a pool, built-in braai, and ample outdoor space ideal for relaxed weekends and hosting guests.

Separate Flat

What truly sets this property apart is a fully separate 3-bedroom flat positioned behind its own gate, featuring its own pool and lapa — offering complete independence and strong rental appeal.

Key Features

  • 4 bedrooms
  • 5.5 bathrooms (4 en-suite)
  • Spacious lounge and dining area
  • Kitchen with scullery
  • Air cooling system throughout
  • Pool (main house)
  • Built-in braai
  • Borehole and irrigation system
  • 6 covered and 8 open parking spaces
  • Separate enclosed caravan/boat parking
  • Separate 3-bedroom flat with private entrance, pool, and lapa

Income Potential

The 3-bedroom flat features current rental income of approximately R13,200 per month, while the main house has rental potential of approximately R16,000 per month. This is a multi-income property perfect for extended families, investors, or buyers looking to offset their bond.

Rooms & layout

Bedroom × 7
Bathroom × 5
Lounge
Dining Area
Kitchen
Scullery
Garage × 14

Features & amenities

poolbraaisecurityboreholeirrigationrental incomeflatlapaair conditioningcovered parking

Price & ownership

Asking price R 3 100 000
Price per m² R 1 910
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 3,1M
Taxes + legal + admin fees R 173,5K

Rough split: 94.7% purchase price, 5.3% buying costs.

  • Asking price R 3 100 000
  • Transfer duty (est.) R 118 356
  • Deeds Office (transfer) R 2 694
  • Conveyancing (est., incl. VAT) R 52 385
  • Deeds lodgement R 52
  • Total indicative R 3 273 487

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 29 274 /month

Total paid over 20 years (deposit + repayments): R 7 335 818

Deposit 10% · R 310 000
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 2 790 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.