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R1,895,000

Monthly Bond Repayment R20,208.84
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,100

The Investment Property You've Been Waiting For

Geelhoutpark, conveniently close to schools, shopping centers, and more.
This property offers three units on one stand, yielding an impressive income of R25,000 per month for all three units.
Main House
Sparkling pool area with built-in braai
Welcoming living area all beautyfully tiled
Kitchen and dining area with plenty of built in cupboards
Four bedrooms with built in cupboards of which tree are double bedrooms
One full bathroom plus a separate guest toilet
Carport for two vehicles
Duplex Unit
Three bedrooms (two upstairs with a balcony, one downstairs)
Two bathrooms (one upstairs, one downstairs)
Open-plan living area and kitchen
Small courtyard with braai and patio
Carport for two vehicles
Simplex Unit
Two bedrooms
Two bathrooms
Open-plan living area and kitchen
Separate entrance
Carport for two vehicles plus additional parking space
All the above accumulates and healthy rental income of twenty five thousand rand per month. It can easily be converted into an Bed and Breakfast which will generate even more rental income.
For a private viewing and more information, contact your property practitioner today to set an appointment!

Features

9
5.5
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
5.5
Kitchens
3
Reception Rooms
6
Exterior
Carports / Parkings
4
Flatlet
1
Pool
Yes
Sizes
Floor Size
130m²
Land Size
924m²

Geelhoutpark, Rustenburg

Introduction The dynamic suburb of Geelhoutpark is a well-planned infrastructure residential area with a welcoming community. Ideal for families, professionals, and retirees, it is a place where one can enjoy the peace akin to the suburbs as well as the vibrancy of city life. If you are moving or just want to know more about it, then Geelhoutpark is surely a good option. Area Background This area has...
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R
R

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

20,208.84

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