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R1,300,000

23 1st Avenue

Monthly Bond Repayment R13,197.98
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

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Monthly Levy
R1
Monthly Rates
R1,100

Versatile Property with a shop & Home ( Live ,work & Earn )

This unique and versatile property offers the perfect mix of residential comfort and commercial opportunity. Whether you’re an entrepreneur, investor, or a homeowner looking to run a business from home, this property is a rare find!

🔑 Property Features:
Main House:

3 spacious bedrooms

2 lounges – ideal for family living or entertainment

Dining area

2 bathrooms (including main en-suite)

Fully equipped kitchen

1 study or home office

Carport – parking for up to 4 vehicles

Commercial Building:

Separate structure with commercial rights

Own entrance, yard, and parking area

Ideal for retail, offices, studio, or rental income

Great potential to grow your business from home

🔧 Needs a Little TLC – Lots of Potential!
The property requires some renovation, but with the right vision, it can be transformed into a profitable multi-use space.

✅ Why This Property?
Zoned for both residential and commercial use

Dual entrances & separate yards

Perfect for running a business from home or generating rental income

A solid investment with space and flexibility

Disclaimer: Mandated Property Group has made every effort to ensure the accuracy of this advertisement. However, all information provided is subject to change without notice. Neither the Seller, the Agent, nor Mandated Property Group accepts any liability for errors, omissions, or misstatements. No warranty is given, either expressly or implied, and interested parties should not rely solely on this information. Prospective buyers are strongly advised to verify all details independently, either with the Agent or through their own inspections and due diligence.

Features

3
2
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
4
Domestic Accommodation
1
Sizes
Floor Size
1,200m²
Land Size
1,200m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

13,197.98

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