R 6 995 000
calculate bond costs

24 Bed House in Geelhoutpark

24 16 4 942 m² 1 200 m²

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.

Property details

  • Listing number T4308458
  • Property type House
  • Erf size 4 942 m²
  • Floor size 1 200 m²
  • Rates and taxes R 6 150

Property features

  • Bedrooms 24
  • Bathrooms 16
  • Lounges 8
  • Dining Areas 8
  • Garages 8
  • Pet Friendly
  • Security Post

Photo gallery