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R6,995,000

Monthly Bond Repayment R74,596.75
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R6,150

Beautiful low maintenance freestanding homes in Geelhout Park with 8 x homes

Investment!! Investment!! Investment!!

Golden opportunity of buying ongoing business concern of 5000 square meters stand with 8 x 3 bedroom homes of 150 m2 with an approximate monthly income of Sixty Thousand Rand per month. Therefore as it stands it already gives a good rental income, for all the homes are rented out.
It is sold as a going concern and there are no transfer duties payable.

Each home consists of 3x bedrooms, 2x bathrooms, an open plan of kitchen, dining room and lounge and a single lockable garage. Each home has its own garden and is pet friendly.

It is in close proximity of small shopping centers and schools and easy access to the N4 and other major routes.
Remember that this complex can be changed into a guest house/lodge, offices or a retirement estate. Therefore there are endless possibilities.

Don't miss out on this opportunity and give me a call for viewing appointments.

Features

24
16
8
Pets Allowed
Yes
Interior
Bedrooms
24
Bathrooms
16
Kitchens
8
Reception Rooms
16
Exterior
Garages
8
Security
Yes
Sizes
Floor Size
1,200m²
Land Size
4,942m²

Geelhoutpark, Rustenburg

Rustenburg is nestled at the foot of the Magaliesburg Mountain Range in the North West province. It is an area boasting a wealth of natural resources, including the world's richest platinum reserves. A home in Rustenburg is an ideal base from which to explore everything that the North West province has to offer, including natural heritage, water sports and historical sites. The area is also home to great schools and...
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Disclaimer: While every effort will be made to ensure that the information contained within the Jawitz Properties website is accurate and up to date, Jawitz Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

74,596.75

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