Sale
South Africa

4

Beds

1

Baths

160 m²

Floor area

House 4 beds 1 bath 160 m²

About this property

Overview

Exclusive sole mandate. Perfectly positioned on Fenton Road, Salt River, within proximity to the newly developed Amazon Riverlands precinct, this double-storey fixer-upper presents an exceptional opportunity for homeowners, investors, or developers seeking location, views, and future growth potential.

Zoned GB5, the property allows for a variety of mixed-use and higher-density development options, making it ideal for those looking to add value through renovation, redevelopment, or conversion.

The Property

The existing home comprises:

  • 4 bedrooms
  • 1 bathroom
  • Functional kitchen
  • Spacious lounge/dining area

The layout is well-suited for comfortable living, student accommodation, or shared rental use.

Key Features

  • Panoramic Table Mountain views from upstairs balcony — a rare, highly sought-after attribute that significantly enhances both lifestyle appeal and investment value
  • Off-street parking — a valuable convenience in this central urban location
  • Private water meter and pre-paid electricity
  • GB5 zoning for mixed-use and higher-density development

Location & Access

Excellent proximity to:

  • CBD and public transport
  • Major routes and local amenities
  • Amazon Riverlands development

Rooms & layout

Bedroom × 4
Bathroom
Kitchen
Lounge
Dining Room
Balcony

Features & amenities

Table Mountain viewsbalconyoff-street parkingdouble-storeyfixer-upperGB5 zoningwater meterpre-paid electricitydevelopment potentialCBD access

Price & ownership

Asking price R 1 900 000
Price per m² R 11 875
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 1,9M
Taxes + legal + admin fees R 66,4K

Rough split: 96.6% purchase price, 3.4% buying costs.

  • Asking price R 1 900 000
  • Transfer duty (est.) R 27 786
  • Deeds Office (transfer) R 1 651
  • Conveyancing (est., incl. VAT) R 36 915
  • Deeds lodgement R 52
  • Total indicative R 1 966 404

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 17 942 /month

Total paid over 20 years (deposit + repayments): R 4 496 147

Deposit 10% · R 190 000
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 1 710 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.