69ce44c02090fd5ed22cd438
South Africa

2

Beds

2

Baths

2

Parking

423 m²

Floor area

House 2 beds 2 baths 423 m²

About this property

Discover this inviting 2-bedroom, 2-bathroom suburban home located in Protea Glen, Soweto with four self-contained flatlets, each boasting a fitted kitchen, fitted bedroom and own bathroom. The main house kitchen features wood-look cabinetry, ample counter space with dark countertops, a modern gooseneck faucet, and a tiled backsplash, providing a practical and efficient cooking environment. The open-plan design enhances the flow between living areas.

Both bedrooms are fitted with durable tiled flooring, with one benefiting from a built-in wardrobe for convenient storage. The two bathrooms include a glass-enclosed shower and modern vanity, ensuring daily comfort. The property boasts a significant advantage with four separate flatlets providing income generation potential. Rental income alone is more than adequate to cover your bond.

Externally, the property is totally walled for privacy and security, featuring an access gate and burglar bars on windows. A paved courtyard provides outdoor space, complemented by awnings over doorways and newly installed gutters. With two garages, this home caters to parking needs. Pets are allowed, making it suitable for animal lovers. This Protea Glen residence presents a solid opportunity for homeowners seeking a practical and adaptable living space in a vibrant community.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage × 2
Room × 4

Features & amenities

WalledSecurity gateBurglar barsBuilt in wardrobeGlass enclosed showerPaved courtyardAwningsGuttersGaragesSelf contained flatlets

Price & ownership

Asking price R 1 250 000
Price per m² R 2 955
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 1,3M
Taxes + legal + admin fees R 28,5K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 250 000
  • Transfer duty (est.) R 1 200
  • Deeds Office (transfer) R 1 086
  • Conveyancing (est., incl. VAT) R 26 162
  • Deeds lodgement R 52
  • Total indicative R 1 278 500

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 11 804 /month

Total paid over 20 years (deposit + repayments): R 2 957 991

Deposit 10% · R 125 000
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 1 125 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.