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R2,999,000

Monthly Bond Repayment R31,982.22
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,500

12 Bedroom Freehold For Sale in Germiston South

Welcome to Germiston South, where rapid return on investment awaits you at this exceptional property! This centrally located gem offers twelve spacious en-suite rental rooms, presenting an incredible income-generating opportunity. With the added potential for further development, this property is a lucrative investment waiting to be seized.

Situated within walking distance of major shopping centers and schools, this location is ideal for tenants seeking convenience and accessibility. Residents will enjoy the ease of running daily errands and fulfilling educational needs without the hassle of long commutes. Germiston South truly caters to the needs of the single person or start-up family, making it a highly sought-after area.

For those seeking leisure activities and a vibrant social life, Germiston Stadium and Delville Swimming Pool are within easy reach. Residents can easily access these recreational facilities, offering a wide range of fitness and entertainment options. Whether it's attending sporting events or enjoying a refreshing swim, residents will find themselves in the midst of an active and fulfilling lifestyle.

In summary, this property offers not only twelve en-suite rental rooms but also the potential for future expansion. Its central location ensures proximity to major shopping centers and schools, catering to the needs of its residents. With Germiston Stadium and Delville Swimming Pool nearby, recreational facilities are easily accessible. This property presents a prime investment opportunity with a very rapid return on investment, making it an enticing prospect for investors looking to capitalize on the thriving Germiston South market. Don't miss out on this chance to secure your financial future while providing a comfortable and convenient living space for tenants.

Features

12
12
1
Interior
Bedrooms
12
Bathrooms
12
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Flatlet
6
Domestic Accommodation
1

Germiston South, Germiston

Sometimes considered a small city, the large suburb of Germiston is found on the East Rand of Gauteng. Much like most of Johannesburg, Germiston started its journey of development during the gold rush of the 1800's.  By 1921 Germiston was known for having the largest gold refinery in the world known as the Rand Refinery.   LOCATION: Germiston is conveniently located about 20 kms from OR Tambo International...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa 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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

31,982.22

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