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Prime Investment Opportunity of 2024

This sprawling 4.4-hectare plot in Wheatlands Agricultural Holdings presents a rare blend of residential comfort and lucrative income potential.
The main house is spacious and inviting, offering three bedrooms, two bathrooms, a cozy lounge, a dining room, and a well-equipped kitchen.
Surrounding the main house are five separate flatlets, currently generating a significant monthly rental income of R24,000, making this property an excellent investment for those looking to capitalize on rental opportunities.

Beyond the residential spaces, the property features a large warehouse currently utilized as a workshop, providing ample room for various projects or business ventures.
Additionally, three storage units offer extra space for equipment, tools, or other necessities.
With its expansive open spaces and versatile structures, this plot is ideal for those seeking a rural lifestyle while benefiting from a steady rental income.

The property is well-equipped with a borehole and a 4,500-liter water tank, ensuring a reliable water supply. This, combined with the substantial income potential and extensive facilities, makes this Wheatlands property a standout choice. Whether you’re looking to expand agricultural activities, run a business, or simply enjoy spacious living, this plot offers boundless possibilities.

Features

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Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
4m²

Wheatlands AH, Randfontein

Randfontein is a gold mining town in the West Rand, Gauteng, South Africa, 40 km (25 mi) west of Johannesburg. With the Witwatersrand gold rush in full swing, mining financier JB Robinson bought the farm Randfontein and, in 1889, floated the Randfontein Estates Gold Mining Company. The town was established in 1890 to serve the new mine and was administered by Krugersdorp until it became a municipality in 1929. Apart...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

30,993.75

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