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Witfield, Witfield, Boksburg, Gauteng
R 800 000
Live Luxury Non-Distressed Auction Information: This is not a distressed sale. This exceptional property is proudly presented through the Harcourts Live Luxury Non-Distressed Auction platform — a transparent and competitive marketing process designed to achieve true market value. All interested buyers are welcome to view the property and submit offers at any time during the marketing period. Should the seller accept a written offer prior to auction day, the auction will be stopped immediately. The auction date therefore serves as a clear deadline, creating urgency and fair competition, while still allowing buyers the opportunity to secure the property with their strongest offer. Pre-approvals are encouraged. The ultimate investor flip: massive potential, unbeatable scale! ?Calling all flippers, developers, and visionaries! If you are looking for a project with serious meat on the bone, this is the one. This property is a blank canvas with a rock-solid structure, set on a massive stand in an established neighborhood. ?Yes, it needs work—there is currently no electricity and no plumbing—but the sheer footprint and layout offer an incredible opportunity to unlock massive equity or build a high-yielding rental empire. ?The property breakdown ?This isn't just a house; it’s a multi-unit goldmine waiting to be revived: ?Main Residence: Sprawling 3-bedroom home with multiple living areas. ?Flatlet 1: Spacious 2-bedroom flat. ?Flatlet 2 & 3: Two separate bachelor flats. ?Parking Haven: 2 double garages plus carports—ample secure parking for 8+ vehicles! ?The opportunity ?For the right buyer, the payoff here is massive: ?Flip for Profit: Transform the entire compound and sell for a premium in a solid, established area. ?Multi-Dwelling Rental Empire: Live in one, rent the other three, or lease out all four units for an incredible multi-stream monthly income. ? NOTE: This is a true renovation project with serious potential. It is stripped back to its structural bones and ready for your team to come in and transform it. View and envision? ?Opportunities with this much raw potential and extensive structures do not come around often. Bring your contractor, bring your vision, and claim your next big win! ?Contact Team Waggie today to arrange a viewing and discuss the potential!
Estimated monthly repayment
R 7 555
on a R 720 000 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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Witfield, Witfield, Boksburg, Gauteng
Fair-value check
Good valuePriced 51% below comparable 3-bed houses for sale in Witfield
Based on 46 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Jacobs
Unclaimed listing — claim it to verify
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