R 6 995 000
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24 Bed House in Geelhoutpark

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24 16 8 4 935 m² 1 200 m²

Entire Complex(8 houses ). Great Investment and good passive income. 8 x 3 bedroom townhouses of 150 m2 each in complex. Rental income, full title stand of 4935 m2.

Each house has open plan living areas with an undercover patio and its own small garden. Child and pet friendly. The units are identical. This complex is within walking distance to shopping amenities and close to the Toledo Spur.

Since this is being sold as a going concern, there are no transfer costs.

This complex also has the potential to be turned into a guesthouse, multiple offices or a retirement village. Lots of potential.

Property details

  • Listing number T2140606
  • Property type House
  • Listing date 7 Sep 2022
  • Land size 4 935 m²
  • Floor size 1 200 m²
  • Rates and taxes R 5 600

Property features

  • Bedrooms 24
  • Bathrooms 16
  • En-suite 8
  • Lounges 8
  • Garage parking 8
  • Pet friendly
  • Built in cupboards
  • Patio
  • Kitchen
  • Garden
  • Family TV room

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