Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 4 150 000

Commercial Property for Sale in Model Park

Model Park, Witbank
  • Floor Size 355 m²
Developers dream - 15 one bedroom units

A Prime Development Opportunity Awaits You!

Residential 3 Zone Opportunity with Annexure for Additional Dwellings in Modelpark, Witbank, Mpumalanga!

This property features:

4 Existing Spacious Units, fully let! This investment that keeps on giving.

Each unit consist of an open plan lounge and kitchen, with classic white bathrooms featuring a basin, toilet, and shower Luxurious roller blinds fitted on all windows.

With Expansion Potential, you can build an additional 11 one-bedroom units for a total of 15 units allowed with a 70% coverage capability No VAT payable

Enjoy the luscious surroundings:

Beautiful Landscaped Gardens with large trees and evergreen grass create a serene atmosphere. Some units feature balconies overlooking the garden.

This magnificent property interact with nature and provide future tenants with the comfort of tranquil living.

Why...

A Prime Development Opportunity Awaits You!

Residential 3 Zone Opportunity with Annexure for Additional Dwellings in Modelpark, Witbank, Mpumalanga!

This property features:

4 Existing Spacious Units, fully let! This investment that keeps on giving.

Each unit consist of an open plan lounge and kitchen, with classic white bathrooms featuring a basin, toilet, and shower Luxurious roller blinds fitted on all windows.

With Expansion Potential, you can build an additional 11 one-bedroom units for a total of 15 units allowed with a 70% coverage capability No VAT payable

Enjoy the luscious surroundings:

Beautiful Landscaped Gardens with large trees and evergreen grass create a serene atmosphere. Some units feature balconies overlooking the garden.

This magnificent property interact with nature and provide future tenants with the comfort of tranquil living.

Why Invest in Modelpark?

* Central Location* Access to local amenities, schools, shopping centers, and recreational spaces.

* Established Community* Live in a welcoming, developed neighborhood that thrives.

* Lucrative Investment Potential* Be part of the growing demand for quality residential living in Witbank.

Don’t Miss Out! This is your chance to secure a promising investment in a fantastic location. Act now to take advantage of this unique opportunity.

Listing number: P24-115610925, Image number: 1, Image
Listing number: P24-115610925, Image number: 2, Image
Listing number: P24-115610925, Image number: 3, Image
Listing number: P24-115610925, Image number: 4, Image
Listing number: P24-115610925, Image number: 5, Image
Listing number: P24-115610925, Image number: 6, Image
Listing number: P24-115610925, Image number: 7, Image
Listing number: P24-115610925, Image number: 8, Image
Listing number: P24-115610925, Image number: 9, Image
Property Overview
Listing Number
115610925
Type of Property
Commercial Property
Listing Date
20 February 2025
Erf Size
1 798 m²
Floor Size
355 m²
Levies
R 204
Rates and Taxes
R 1 664
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.

Video

Loading Loading

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading