Sale
South Africa

5

Beds

1

Baths

2

Parking

135 m²

Floor area

Commercial 5 beds 2 baths 135 m²

About this property

A rarely available 135m² first floor unit offering flexible mixed-use zoning, ideal for buyers seeking a space that can function as professional offices, consulting rooms, creative studios, or a residential conversion.

Currently configured as a well-organised office environment, the unit features drywall partitioning creating approximately five individual rooms or offices. This layout allows for immediate professional use while remaining easy to reconfigure depending on the buyer's requirements.

The space includes: • Approximately five offices/rooms • Bathroom and separate guest toilet • Kitchen area with potential to enlarge or redesign • 2 exclusive use parking bays

One of the defining features is its adaptability. Because the interior walls are drywall, the layout can be easily reimagined to create larger open plan spaces, additional offices, consulting suites or a unique residential loft-style conversion.

Positioned in a central and highly accessible part of Gardens, the property is within close proximity to shops, restaurants, major transport routes and the Cape Town CBD, making it ideal for both business and lifestyle use.

Rooms & layout

Study × 5
Bathroom
Guest toilet
Kitchen
Bedroom × 5
Garage × 2

Features & amenities

Mixed use zoningFlexible layoutOffice spaceDrywall partitioningParkingClose to CBDAccessible location

Price & ownership

Asking price R 3 800 000
Price per m² R 28 148
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 3,8M
Taxes + legal + admin fees R 259,9K

Rough split: 93.6% purchase price, 6.4% buying costs.

  • Asking price R 3 800 000
  • Transfer duty (est.) R 195 356
  • Deeds Office (transfer) R 3 302
  • Conveyancing (est., incl. VAT) R 61 205
  • Deeds lodgement R 52
  • Total indicative R 4 059 915

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 35 885 /month

Total paid over 20 years (deposit + repayments): R 8 992 293

Deposit 10% · R 380 000
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 3 420 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.