Sale
South Africa

7

Beds

5

Baths

1

Parking

85 m²

Floor area

85,000 m²

Stand size

Farm 7 beds 5 baths 85 m²

About this property

A remarkable 8.5-hectare property on the R555 near Witbank, offering a unique blend of residential living and thriving business opportunity. The estate features two residential units: a 4-bedroom, 2-bathroom main home with open-plan living, braai room, study, and double garages; plus an attached 3-bedroom, 2.5-bathroom flat with its own study and TV room. Additional income-generating infrastructure includes a fully equipped auditorium complex perfect for events, conferences, and church services, with a welcoming carport and equipped kitchen. Four two-bedroom and two three-bedroom flatlets are currently fully rented, generating R43,000 per month. The auditorium can be rented for R20,000 monthly. The working farm includes 4 hectares of arable land, 3 equipped boreholes, JO-JO tanks, 4 storerooms, servants' quarters, and a functional shed for livestock. The property boasts river frontage and is ideally positioned as both a peaceful lifestyle property and a ready-made hospitality or community venture.

Rooms & layout

Bedroom × 7
Bathroom × 5
Kitchen
Lounge
Dining Room
Room × 7
Study × 2
Double Garage
Storage × 4

Features & amenities

river frontagebraai roomdouble garagestudyboreholesJO-JO tanksarable landauditoriumcarportequipped kitchen

Price & ownership

Asking price R 22 600 000
Price per m² R 265 882
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 22,6M
Taxes + legal + admin fees R 2,6M

Rough split: 89.5% purchase price, 10.5% buying costs.

  • Asking price R 22 600 000
  • Transfer duty (est.) R 2 449 156
  • Deeds Office (transfer) R 7 751
  • Conveyancing (est., incl. VAT) R 180 764
  • Deeds lodgement R 52
  • Total indicative R 25 237 723

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 213 419 /month

Total paid over 20 years (deposit + repayments): R 53 480 482

Deposit 10% · R 2 260 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 20 340 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.