2
Beds
1
Baths
18
Parking
740 m²
Floor area
740 m²
Stand size
About this property
Icon Property Group presents this charming 2-bedroom freestanding home, which offers incredible potential and versatility — perfect for investors, large families or entrepreneurs seeking space and opportunity in a well-located area of Elsies River.
Investment Opportunities: Ideal for building flatlets suited to young professionals or student accommodation, providing a steady rental income. Perfectly located to start your own crèche or workshop business. A great investment for large families wanting to build multiple homes on the same erf. Fantastic choice for investors seeking a passive Bed & Breakfast or rental income opportunity.
Property Features: Sunlit living area – a warm and inviting space for family time and creating lasting memories. Spacious open-plan kitchen, ready for your personal touches and finishes. Two well-sized, cozy bedrooms recently renovated for comfort. Family bathroom offering both bath and shower, plus a separate toilet for convenience. Secure garage parking for 3 vehicles and gated parking for 15–20 vehicles — perfect for guests, tenants or business use. Expansive yard space, ideal for garden enthusiasts or future extensions.
Location Highlights: Close to public transport, health facilities, schools and all your daily essentials. Centrally located for easy commuting and accessibility.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.7% purchase price, 2.3% buying costs.
- Asking price R 870 000
- Deeds Office (transfer) R 756
- Conveyancing (est., incl. VAT) R 19 907
- Deeds lodgement R 52
- Total indicative R 890 715
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
Total paid over 20 years (deposit + repayments): R 2 058 762
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 783 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.