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R800,000

Monthly Bond Repayment R8,394.05
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Sole Mandated Property

Nestled in the vibrant heart of Witbank, this expansive property offers an incredible opportunity for investors seeking a promising return. Boasting 12 spacious bedrooms, this property is perfectly suited for use as a commune, providing ample accommodation to cater to a variety of tenants. The layout includes three bathrooms designed to serve multiple occupants comfortably, along with a shared kitchen that invites communal cooking and dining experiences. The lounge area provides a cozy space for relaxation and social interaction, enhancing the sense of community within the property.

The property is pet-friendly, adding to its appeal for tenants seeking a home that welcomes their furry companions. While the structure has good bones, it does require some TLC to reach its full potential. This presents an exciting opportunity to infuse the space with your unique vision, transforming it into a highly desirable living environment. Whether you’re an experienced investor or just starting your property portfolio, this versatile property offers immense potential in a prime location with easy access to amenities, transport, and Witbank's thriving community. Don't miss the chance to capitalize on this gem with endless possibilities.

Features

12
3
Pets Allowed
Yes
Interior
Bedrooms
12
Bathrooms
3
Reception Rooms
1

Witbank Central, Witbank

The majority of the Witbank property for sale landscape is dominated by traditional “freehold” or full title properties, which make up some 87% of the composition according to recent Lightstone property reports. The remainder of the market is made up of residential Witbank estates (around 8%), and sectional title units (townhouses, flats and apartments) comprising around 5%.   These numbers in...
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In the news

Witbank Team Sell 150 Boerewors Rolls to Raise Funds for P.E.T.S
Office: Chas Everitt Witbank Cause/Charity: PETS (Pet Empowerment in Townships) NPO The Chas Everitt Witbank team decided to raise funds for the P.E.T.S (Pet Empowerment in Townships) Non-Profit Organisation by selling...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International 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

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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

8,394.05

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