Sale
South Africa

2

Beds

1

Baths

18

Parking

740 m²

Floor area

740 m²

Stand size

House 2 beds 2 baths 740 m²

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

Bedroom × 2
Bathroom
Kitchen
Lounge
Toilet
Garage × 18

Features & amenities

GarageParkingGardenGated parkingRenovated bedroomsOpen plan kitchenInvestment potential

Price & ownership

Asking price R 870 000
Price per m² R 1 176
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 870K
Taxes + legal + admin fees R 20,7K

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

R 8 216 /month

Total paid over 20 years (deposit + repayments): R 2 058 762

Deposit 10% · R 87 000
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 783 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.