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R2,795,000

Investment For Sale in Geelhoutpark

Welcome to this prime business-zoned property located in Geelhoutpark, now available for sale. This property offers a lucrative investment opportunity with versatile potential.

Here's what you need to know:
Location: Geelhoutpark
Property Type: Business Zoned
Bedrooms: 3 (Main House)
Bathrooms: 3 (1 common, others en-suite)
Additional Features:
- 6 Bachelor Flatlets with self-contained bathrooms
- Open plan design for efficient use of space
- Potential rental income of R20,750 when fully occupied
- Borehole connected to water supply for cost-effective water management
- Ample parking space under the carport for over 10 vehicles
- Yard space of 959 square meters, partially paved for convenience
- Versatile zoning allows for various business endeavors, including the possibility of operating as a lodging facility

This property presents a rare opportunity for investors looking to capitalize on the thriving real estate market in Geelhoutpark. With its strategic location, ample amenities, and potential for high rental yields, it's an investment worth considering. Don't miss out on this chance to secure your foothold in one of the most promising areas for real estate development. Contact us today for more information or to schedule a viewing.

Features

10
0
Zoning:
Commercial
Exterior
Security
No
Sizes
Land Size
958m²
Parking Bays
Covered Parking Bays
10
Extras
10 x Ensuites, • 1 x Lounge, • 1 x Dining Area

Geelhoutpark, Rustenburg

Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World...
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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

R
%

Monthly Payment

39,697.23

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