Sale
South Africa

2

Beds

1

Baths

1

Parking

288 m²

Floor area

House 2 beds 1 bath 288 m²

About this property

This well-maintained home in Victoria Park offers a practical layout, neat finishes, and low-maintenance living in an established Somerset West neighbourhood. It is well suited to buyers looking for a straightforward property that functions equally well as a long-term investment or future primary residence.

The living areas are fully tiled, making them durable and easy to maintain, while the kitchen is functional and neatly finished with ample cupboard space and a gas hob for efficient, cost-effective cooking. Prepaid electricity adds to the home's everyday practicality, and blinds are included, allowing for a smooth transition for the next owner.

Bedrooms are well sized with built-in cupboards, and the bathroom is clean and functional. The fully enclosed backyard is pet friendly and provides private outdoor space. The garage has been converted into a tiled braai room, creating an additional covered entertainment area that adds versatility and appeal.

The property is currently tenanted until 30 June 2026, generating a monthly rental income of R13,500. With tenants in place and features that support easy maintenance and consistent demand, this property presents a sensible, income-generating opportunity in a stable Somerset West suburb.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Braai room
Garage

Features & amenities

Pet friendlyBraaiGardenSecurityTiled floorsBuilt in cupboardsGas hobPrepaid electricity

Price & ownership

Asking price R 1 700 000
Price per m² R 5 903
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 1,7M
Taxes + legal + admin fees R 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 1 700 000
  • Transfer duty (est.) R 15 786
  • Deeds Office (transfer) R 1 477
  • Conveyancing (est., incl. VAT) R 33 695
  • Deeds lodgement R 52
  • Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.