Investment For Sale in Geelhoutpark

R 2,795,000

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2 months ago26 views
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General Details
Description
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.

Property Reference #: RST-CS00107

Agent Details:
Herbert Zuva
Century21
261 Beyers Naude Drive
Rustenburg
0300

Id Subtitle 1266745670
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Estimated monthly repaymentR 30,290
Total property loan amountR 2,795,000
Total interestR 4,474,507
Total repaymentR 7,269,507
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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