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R1,985,000

20 Westminister Road

Monthly Bond Repayment R19,485.62
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R525

Prime opportunity in vibrant Salt River! Large plot with income potential!

This is your chance to secure a substantial and versatile property in one of Cape Town's most dynamic and sought-after areas, Salt River. Perfect for investors, extended families, or those looking to customise their dream home!

• Generous 225 sqm plot, a rare find in this central location.
• The property currently features two interleading houses, offering immediate flexibility.
• Easily separate the two houses to create dual living spaces or maximise rental income.
• Requires work/TLC, offering the perfect blank canvas for modernisation and adding significant value.
• Enjoy a large, private courtyard area at the rear—ideal for entertaining, gardening, or secure storage.
• Includes a versatile outside building in the courtyard, which could be converted into a studio, laundry, or storage space.
• Parking: Valuable off-street parking for 1 car.

Situated in the heart of Salt River, you'll be steps away from trendy cafes, art studios, local markets, and excellent transport links (MyCiti bus routes and Salt River train station). Enjoy easy access to the City Bowl, Woodstock, and major highways.

• Investment: Live in one unit and rent out the other, or renovate both for a high-yield rental portfolio.
• Extended Family: Ideal for multi-generational living while maintaining privacy.
• Home & Income: Perfect for running a small business or studio from one house and living in the other.

Don't miss this opportunity to invest in a property with huge potential and a fantastic footprint!

Contact us today to arrange a viewing and unlock the potential of this unique Salt River property!

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
145m²
Land Size
225m²

Salt River, Cape Town

Located near Table Bay and east of Cape Town's CBD, bordered by the nearby suburbs of Observatory, Woodstock and the City Bowl, lies the bustling suburb of Salt River; Once the industrial epicentre of Cape Town owing to its proximity to the heart of the city, Salt River is now teeming with businesses, residential properties, schools and is in proximity to several world-renowned attractions, including Signal Hill,...
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In the news

Market Now Favours Sellers As The Cape Town Summer Sets In
The arrival of summer has brought more than just sunny days to the Cape Peninsula, it has also ushered in one of the most opportune times for property owners to sell. While it is still largely a buyer's market elsewhere in the...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

19,485.62

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