Calling all bond free *Investors*. Those buyers that have money without the need of a full bond.
Calling all bond free *Investors*. Those buyers that have money without the need of a full bond. Otherwise, you are just a buyer than needs to wait 15 years before you slowly turn into an investor as your property starts maturing and you near the end of your bond cycle. This is for the investor! That person that can look at the current offering, weigh the existing income up against the future value of the completed project. Does that sound like you, then please keep reading.
This centrally located property right next to St. Catherin school in Germiston offer the investor an income of around R32000+ per month suitable derived from the 6x permanently tenanted rental units on the property. Rentals are currently being collected by Harcourts Rentals and have a long relationship with the current owner.
These 6 units comprises a single 3-bedroom unit, 3 x 2-bedrooms units and 2x 1-bedroom units that each already have prepaid electricity. The main municipal feeder is 3-phase and the property has a borehole on site.
Potential developers will also find large roofing areas to install solar to reduce their municipal spend even further.
We encourage other agencies to work alongside Harcourts on this property, however, we need to highlight that the commission split would only be 30/70 to the other agencies with 70% going to Harcourts.
This centrally located property right next to St. Catherin school in Germiston offer the investor an income of around R32000+ per month suitable derived from the 6x permanently tenanted rental units on the property. Rentals are currently being collected by Harcourts Rentals and have a long relationship with the current owner.
These 6 units comprises a single 3-bedroom unit, 3 x 2-bedrooms units and 2x 1-bedroom units that each already have prepaid electricity. The main municipal feeder is 3-phase and the property has a borehole on site.
Potential developers will also find large roofing areas to install solar to reduce their municipal spend even further.
We encourage other agencies to work alongside Harcourts on this property, however, we need to highlight that the commission split would only be 30/70 to the other agencies with 70% going to Harcourts.
Features
Interior
Exterior
Sizes
Listing Info
Parkhill Gardens, Germiston
- Street view
- Amenities
- Schools
Filling Station
0.64 km - TotalEnergies
0.91 km - Shell
1.03 km - Lambton
Bus Station
0.65 km - Total Garage
0.68 km - 4 Sinclair Rd Lambton Germiston
0.72 km - Elsburg Rd
Hospital/Clinic
1.65 km - Mens Clinic International
1.66 km - MediCross Germiston
1.90 km - Dr Nl Joubert
Police Station
1.58 km - South African Police Service - Elsburg
1.70 km - Elsburg Traffic Dept
2.28 km - South African Police Service Elsburg Police Station
Shopping Centre
0.85 km - Lambton Square Shopping Centre
0.99 km - Dallas Corner Shopping Centre
1.05 km - Lambton Mall
0.09 km - St Catherine's Primary School Gate
0.18 km - Dunamis Christian School Intersen Phase
0.22 km - St Catharines Primary And Preschool Entrance
0.37 km - Saint Catherine's Dominican Convent
0.37 km - Lambton Pre-School And Aftercare
0.41 km - Colin Mann Primary School
0.46 km - Pen Haslam Pre-Primary School
0.52 km - Colin Mann Aftercare Centre
0.76 km - Afrikaanse Hoërskool Germiston
0.78 km - Ladybird Pre-Primary
1.22 km - Laerskool Delville
2.13 km - Hoërskool Elsburg
2.31 km - Ntabi Welding And Forklift Course In Rustenburg
2.68 km - Future Nurses Nursing School
2.76 km - Be Competent Training Institute
4.01 km - Oosrand Secondary School
Average sold property price in Parkhill Gardens
Freehold
Sectional Scheme
Vacant Land
Freehold
R2,746,667
33.3%
Average price
10
33.3%
Transfers
Sectional Title
R487,500
100.0%
Average price
4
100.0%
Transfers
Estate
0
0%
Average price
0
0%
Transfers
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Total Amount Repayable
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Monthly Repayment
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