Sale
South Africa

8

Beds

3

Baths

8

Parking

714 m²

Floor area

Commercial 8 beds 3 baths 714 m²

About this property

Overview

This Business II–zoned property offers a fantastic opportunity for investors, entrepreneurs, or professionals looking for flexible space with multiple income options. The original family home has been thoughtfully converted into three separate, self-contained units, each with its own entrance, creating privacy and convenience for tenants and owners alike.

With three income-producing units, flexible zoning, and the option to live and work from one address, this property offers real value and plenty of possibilities.

Units

Unit 1 – Residential Accommodation

  • Two bedrooms
  • One bathroom
  • Open-plan kitchen, dining and living area
  • Stoep and private garden

Unit 2 – Office Space

  • Two separate office spaces
  • Kitchen
  • Bathroom

Unit 3 – Flexible Commercial Space

Currently with long-term lease agreement.

  • Reception or foyer area
  • Five individual cubicles
  • Kitchenette
  • Bathroom

Location

Located close to schools and all other amenities, this property offers a good central location within Riversdale.

Rooms & layout

Bedroom × 8
Bathroom × 3
Kitchen
Dining Room
Lounge
Study × 2
Reception
Garage × 8

Features & amenities

Business PropertyMulti-unitIncome PotentialOffice SpaceCommercialResidentialSelf-contained unitsLong-term leaseCentral locationSchools nearby

Price & ownership

Asking price R 3 700 000
Price per m² R 5 182
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 3,7M
Taxes + legal + admin fees R 247,6K

Rough split: 93.7% purchase price, 6.3% buying costs.

  • Asking price R 3 700 000
  • Transfer duty (est.) R 184 356
  • Deeds Office (transfer) R 3 215
  • Conveyancing (est., incl. VAT) R 59 945
  • Deeds lodgement R 52
  • Total indicative R 3 947 568

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 34 940 /month

Total paid over 20 years (deposit + repayments): R 8 755 654

Deposit 10% · R 370 000
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 3 330 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.