About this property

Seize a remarkable opportunity in the peaceful heart of Danville with this versatile 4-bedroom property. Priced at R1,300,000, this home is expertly designed to cater to large families or savvy investors looking for a high-yield asset. Combining a spacious main residence with substantial additional accommodation, this property offers the perfect balance of comfort and exceptional income-generating potential. The main house features four generous bedrooms, providing ample space for a growing family. The interior is thoughtfully laid out with a functional kitchen, a welcoming lounge, and a dedicated dining area that serves as the heart of the home. Two bathrooms service the main residence, including a private en-suite in the master bedroom for added convenience. The living area opens onto a covered patio, offering a low-maintenance outdoor retreat for relaxation or entertaining. The entire yard is neatly paved, ensuring a clean, practical environment that requires minimal upkeep. The true highlight of this property is the addition of three (or four) outside rooms situated at the back of the house. These units share two bathrooms and present a fantastic opportunity for rental income, which could significantly help subsidize your bond repayments. Alternatively, these rooms offer ideal space for a home office, a workshop, or accommodation for extended family. The property is fully secured with a lockable gate and sturdy fencing, providing a safe and private environment for all residents. Conveniently located near reputable local schools and essential amenities, this home sits in a quiet neighborhood while maintaining excellent accessibility to Pretoria CBD and major transport routes. Whether you are looking for a "forever home" that pays for itself or a robust addition to your investment portfolio, this property represents outstanding value in the current market. Financial Breakdown & Requirements To secure this property at R1,300,000, here is a breakdown of the monthly and once-off financial requirements based on the current prime lending rate of 10.25% (as of early 2026). What do you need to earn? Banks typically look for a gross monthly household income where the bond repayment does not exceed 30% of your earnings. Estimated Monthly Bond: ± R12,750 (Calculated over 20 years at 10.25%). Recommended Gross Monthly Income: ± R42,500 (Single or combined household income). Estimated Transaction Costs (Once-off) These are the professional legal fees required to complete the sale. Note that in line with your request, we have excluded Transfer Duty from this breakdown. Conveyancing Fees (Attorney): ± R32,500 Bond Registration Fees: ± R31,000 Total Estimated Cash Required: ± R63,500 Please contact Tumelo to arrange a viewing and discover the earning potential of this unique property.