9
Beds
3
Baths
880 m²
Floor area
About this property
Excellent investment opportunity perfect for student accommodation. Located just a 3-minute walk from VUT, this beautifully renovated property is ideal for student housing or shared accommodation.
Main Property Features:
- 7 newly furnished rooms for maximum rental income
- Stylish cherry wood kitchen
- Spacious open-plan lounge perfect for communal living
- Fully renovated with tiled floors and modern finishes
- 2 bathrooms
Outside Flat Includes:
- Lounge
- Kitchen
- 2 Bedrooms
- Bathroom
Movables Included: All rooms furnished with beds and curtains. Select rooms include desks and chairs. Kitchen includes fridge. Outside flat includes stove and study desk with chair.
Turnkey Investment: Selling price includes most movables – move-in ready for effortless rental income. Prime location steps from VUT – ideal for students seeking convenient accommodation.
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: 96.5% purchase price, 3.5% buying costs.
- Asking price R 1 950 000
- Transfer duty (est.) R 30 786
- Deeds Office (transfer) R 1 695
- Conveyancing (est., incl. VAT) R 37 720
- Deeds lodgement R 52
- Total indicative R 2 020 253
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 4 614 466
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 1 755 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.