69ce44dd2090fd5ed22cd895
South Africa

5

Beds

4

Baths

1

Parking

1,004 m²

Floor area

1,004 m²

Stand size

Commercial 5 beds 4 baths 1,004 m²

About this property

Spacious double-storey property with business potential, entertainment areas and flatlet in Silverglen. This well-maintained property has been lovingly owned and occupied by the same family for over 50 years, offering exceptional space, versatility and security with no security issues experienced.

Main Double Storey Building: Downstairs: Office space ideal for operating a business from home (spa, doctors surgery, etc.), showroom area, large entertainment room with toilet and shower, patio area overlooking a sparkling swimming pool perfect for hosting family and friends.

Upstairs: 4 bedrooms (main bedroom with en suite bathroom and air conditioning; second and third bedroom with built-in cupboards; fourth bedroom carpeted with air conditioning), separate common bathroom, separate common toilet, scullery, open-plan lounge and kitchen with built-in cupboards, TV/family room. All bedrooms lead onto a balcony with amazing views.

Outbuilding/Flatlet: Open-plan lounge and kitchen with basic built-in cupboards, large bedroom with en suite bathroom. Perfect for extended family, guests, or rental income.

Security & Features: 16-channel CCTV camera system (9 cameras in use), intercom system, motorised driveway gate, aluminium doors and windows throughout. Carport for 2 vehicles, additional space for 2 more vehicles in the yard.

Property includes pool table, headboards, curtains, blinds, TV lounge suite and pool seating. All major amenities just minutes away with convenient access to shops, schools and main routes. Perfect for a large family who loves space and entertaining, or a professional who can run a business downstairs, live upstairs, and rent out the flatlet.

Rooms & layout

Bedroom × 5
Bathroom × 4
Kitchen × 2
Lounge
Dining Room
Room × 5
Office
Garage

Features & amenities

PoolCCTV securityIntercomMotorised gateAir conditioningFlatletBusiness potentialEntertainment areaPatioBalcony

Price & ownership

Asking price R 2 500 000
Price per m² R 2 490
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 2,5M
Taxes + legal + admin fees R 114,3K

Rough split: 95.6% purchase price, 4.4% buying costs.

  • Asking price R 2 500 000
  • Transfer duty (est.) R 67 200
  • Deeds Office (transfer) R 2 173
  • Conveyancing (est., incl. VAT) R 44 825
  • Deeds lodgement R 52
  • Total indicative R 2 614 250

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 23 608 /month

Total paid over 20 years (deposit + repayments): R 5 915 982

Deposit 10% · R 250 000
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 2 250 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.