7
Beds
5
Baths
1
Parking
85 m²
Floor area
85,000 m²
Stand size
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
Features & amenities
Price & ownership
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
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
Total paid over 20 years (deposit + repayments): R 53 480 482
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.