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R3,500,000

Monthly Bond Repayment R35,533.01
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,540

A Multi-Use Residence, Flexible Options.

In an era where flexibility and passive income are increasingly prized, this Parkwood property presents a compelling opportunity. Situated in one of Johannesburg’s most established prime suburbs, this three-bedroom primary residence—complemented by three self-contained cottages—offers a rare convergence of lifestyle and financial return.

The principal dwelling includes three spacious bedrooms (two en-suite), multiple reception areas, and a kitchen designed for functionality and scale—equipped with a gas hob, stone countertops, and ample built-in storage. Interiors are refined yet durable, featuring pressed ceilings, wood laminate and tiled floors, and custom joinery.

The three separate cottages, each with independent access, kitchens, and bathrooms, present immediate yield potential—whether through long-term tenancy or short-stay platforms. Their integration into the broader design respects privacy while maximizing utility.

Additional attributes include:
• Substantial secure parking bays (five covered)
• Wheelchair-accessible, single-storey layout
• Water storage tanks
• Secure perimeter with electric fencing and automated gate
• Low-maintenance, paved outdoor areas

Parkwood remains one of Johannesburg’s more stable residential enclaves, valued for its proximity to commercial centers, educational institutions, and arterial routes. With an increasing demand for flexible living arrangements, this property is well-positioned to cater to a multi-generational household, a home business, or a discerning investor seeking residential yield in a blue-chip location.

Contact the Agent to arrange a viewing.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Reception Rooms
3
Exterior
Carports / Parkings
5
Security
Yes
Flatlet
3
Sizes
Land Size
1,000m²
Extras
Wooden Floors,  • Wood Laminate Floors,  • Tiled Floors,  • Pressed Ceilings,  • Feature Light Fittings,  • Aluminum Windows,  • Aluminum Door,  • Custom Cabinetry,  • Wooden Cabinetry,  • Granite Counter-Tops,  • Stone Counter-Top,  • Dual Sink,  • 4 Plate Electric Hobs,  • Mirrored Sliding Cupboards,  • Showers,  • Bath Tubs,  • Basins with Vanity,  • Electric Fence,  • Automated Access Gate,  • Gas Hob and Oven

Parkwood, Johannesburg

Nestled between Rosebank and Saxonwold in the leafy northern suburbs of Johannesburg, Parkwood is one of the older more established suburbs of the bustling metropolitan, reminiscent of Houghton with its sizeable double-storey homes and large properties. You're wonderfully placed when staying in Parkwood, as it's virtually in the midst of what makes Jo'burg hum - it lies con-veniently between the two major roads of...
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

35,533.01

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