Sale
South Africa

1

Beds

1

Baths

2

Parking

132 m²

Floor area

House 1 bed 1 bath 132 m²

About this property

Affordable opportunity with massive potential in Wesbank. This value-packed property presents an excellent opportunity for investors, first-time buyers, or renovators looking to add value and grow their investment.

The home offers 1 bedroom and an open-plan kitchen flowing into the lounge, creating a simple, functional living space. What truly sets this property apart is the large yard, providing ample space for future extensions, additional rooms, or redevelopment.

The property does require some work, which has been carefully factored into the price—making this a slightly negotiable deal with strong upside potential for the right buyer.

Located in Wesbank, close to essential amenities and public transport, this is a strategic buy for anyone with vision.

Rooms & layout

Bedroom 1
Bathroom
Kitchen
Lounge
Garage × 2

Features & amenities

Large yardNegotiableRenovation opportunityClose to amenitiesClose to public transport

Price & ownership

Asking price R 240 000
Price per m² R 1 818
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 240K
Taxes + legal + admin fees R 10,5K

Rough split: 95.8% purchase price, 4.2% buying costs.

  • Asking price R 240 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 9 995
  • Deeds lodgement R 52
  • Total indicative R 250 481

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 2 266 /month

Total paid over 20 years (deposit + repayments): R 567 934

Deposit 10% · R 24 000
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 216 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.