R2,200,000

R2,200,000

958m² Investment For Sale in Geelhoutpark
Covered
Herbert Zuva
Virginia Tshoma

958m² Investment For Sale in Geelhoutpark

Web Ref. RST-CS00107
Land size 958.00 m²
Floor size 958.00 m²
Monthly Bond Repayment
R21,786.41
Investment Opportunity for Sale in Geelhoutpark

Welcome to this prime business-zoned property located in Geelhoutpark, now available for sale. This property offers a lucrative investment opportunity with versatile potential, ideal for those looking to establish a rental property or lodge.

Key Features:

Location: Geelhoutpark
Property Type: Business Zoned
Main House:
• Bedrooms: 3 spacious bedrooms
• Bathrooms: 3 modern bathrooms (1 common, 2 en-suite)
Additional Units:
• Bachelor Flatlets: 6 self-contained bachelor flatlets, each with its own bathroom
Design: Open plan layout for efficient use of space
Rental Income Potential:
• Income: Potential rental income of R20,750 when fully occupied
Utilities:
• Water Supply: Borehole connected for cost-effective water management
Parking:
• Space: Ample parking space under the carport for over 10 vehicles
Yard:
• Size: 959 square meters
• Features: Partially paved for convenience and ease of maintenance
• Zoning: 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. The property’s business zoning provides the flexibility to explore different business models, whether it's running a rental property or a lodging facility.

Main House: The main house features three spacious bedrooms and three modern bathrooms, two of which are en-suite. This setup ensures comfort and privacy for residents or guests.

Bachelor Flatlets: The six self-contained bachelor flatlets are perfect for generating rental income. Each flatlet includes its own bathroom, offering convenience and privacy to tenants. The open-plan design maximizes space efficiency, making these units attractive to potential renters.

Parking and Yard:The property includes ample parking space under a large carport, accommodating over 10 vehicles. The 959 square meter yard is partially paved, providing a neat and functional outdoor area. The borehole-connected water supply ensures cost-effective water management, reducing operational costs.

This property is strategically positioned to take advantage of the growing demand for rental units and lodging facilities in Geelhoutpark. 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.
Monthly Rates R2,000

Features

Zoning
Commercial
Interior
3 Bathrooms
Sizes
Land Size 958 m²
Floor Size 958 m²
Parking Bays
10 Covered Parkings
Additional Amenities
Satellite Dish
Borehole
Access Gate
Fence
Garden
Paveway
Pets Allowed
10 x Ensuites
1 x Lounge
1 x Dining Area
Listing Info
Date Listed 04-03-24
Time Listed 05:14

Geelhoutpark, Rustenburg

Location Set at the foot of the Magaliesberg mountain range in North West Province, Rustenburg lies on a major highway (N4) about 140 km by road from Johannesburg and 130 km from Pretoria. Being in close proximity to Phokeng, the capital of the Royal Bafokeng Nation, where the Royal Bafokeng Stadium is located made it a perfect choice for one of the official host cities of the 2010 FIFA World Cup. History Rustenburg, meaning “place of rest”, this pretty little town’s streets are lined with the ubiquitous jacaranda tree. It started out as a small farming community producing citrus and Virginia tobacco and still manages to retain its small-town atmosphere.  The town has humble beginnings, starting off as little more than a church...
+ Read more

Finance

Calculators:
Can't find what you're
looking for?

Geelhoutpark in the
news

Hit the trail at the stunning Kgaswane Mountain Reserve
Kgaswane Mountain Reserve has a rugged landscape, plenty of animal sightings, and a host of activities to hit those adventurer sweet spots. Read article
Hit the trail at the stunning Kgaswane Mountain Reserve
2022's top textile design trends for your home
Century 21 South Africa reached out to expert Bonolo Chepape for home textile advice. She is a textile and surface designer, and owner of Lulasclan. Read article
2022's top textile design trends for your home
Why you should sign a sole and exclusive mandate
By putting your trust in one agent, you can guarantee the success of your sale. Read article
Why you should sign a sole and exclusive mandate
Live smart: Invest in this smart city of the future
Rustenburg's local municipality aims to turn the city into one that's interconnected, efficient, and sustainable. Read article
Live smart: Invest in this smart city of the future