The Highlander - Highveld Park, Witbank
Friday, August 31st, 2007
Herewith the key features of this development:
- Situated in Highveld Park (Fastest growing area in Witbank)
- R5 000 deposit secures
- Security estate
- Basement Parking incl
- Due to the growth of the area, a rental of between R3 500 and R4 000pm
- Estimated Date of Transfer June/July 2008
- Only 30 Units available
There were bachelor flats available for R388 000, but unfortunately they are already all sold out.

There are 2 different units available:
Type 1
- Starting at R655 000 (Option of 1st, 2nd and 3rd Floor)
- 84m2
- 2 Bedrooms, 2 Bathrooms
- Kitchen, Living room and Patio
Type 2
- Starting at R588 000 (Option of 1st, 2nd and 3rd Floor)
- 66m2
- 2 Bedrooms, 1 full Bathroom
- Kitchen, Living room
WHY WITBANK?
Situated approximately 100km from Pretoria, heading eastwards on the Maputo Economic Corridor, lies the city of Witbank.
Witbank is the energy centre of South Africa and the focal point of Africa’s largest coalfields, power stations and steel manufacturing. The area has seen positive economic growth over many years.
Witbank and its surrounding area is experiencing huge growth in mining and related industries. Due to this, property demands in the greater Witbank area have grown tremendously and we have identified that there is a need for a superior player to take control in the property industry.
Witbank is also the gateway to the Kruger National Park and various tourist attractions in the Province and also lies on the Maputo corridor. Tourist attractions include the nature reserve, industrial coalmine and power station tours, cultural experiences, adventure sport, environmental activities and water sport. The city also boasts several top class golf courses. There are several accommodation possibilities, such as hotels, B&B’s, self-catering units, lodges, as well as camping and caravanning.
An hour’s drive from Johannesburg International Airport, Witbank can provide an ideal overnight stop with various activities to entertain visitors as they enter the ‘Gateway to Mpumalanga’.

Cash Flow situation for the first year after date of completion of the unit:
| Full Amount: | R 588,000.00 |
| Bond Repayment over 30 yrs @ 11.5%: | R 6,000.00 pm |
| Plus Estimated Levies: | R 300.00 pm |
| Total Monthly Costs: | R 6,300.00 pm |
| Less: Expected Rental Income: | R 4,000.00 pm |
| Out of Pocket Expenses: | R 2,300.00 pm |

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