Primrose, Germiston, Gauteng
R 1,450,000
5 Beds | 2 Baths | 1 Garage | 150 m² Floor | 991 m² Land
OPEN A GOLD MINE - GET PAID TO LIVE IN YOUR OWN HOME!
Ladies and gentlemen, this is an opportunity to print money for life. Please get your calculators out. This large stand with a home, a cottage and a workshop gives you a comfortable home PLUS rental income that sees you living for FREE.
We start with the home. Lounge, dining room, 3 bedrooms, 1 bathroom. Lovely kitchen, too. Comfortable home. Thus far, quite normal. Then we go outside, and what awaits us? First, a workshop. Not just a garage, a full-sized workshop. Busy now, but it will be vacant when you move in. How many mechanics, plumbers, electricians, garden and pool maintenance contractors, etc., are looking for affordable premises to lease? Then, a cottage. Not just a converted maids’ room, a proper 2-bedroom cottage. Place an advert for a 2-bedroom cottage and your phone rings its battery flat. We know we do rentals (we can help you with yours).
Let’s do the math. Full bond at prime: R14 500. Workshop rental: R10 000. Cottage rental: R6 000. It more than covers your bond - YOU GET PAID TO LIVE IN YOUR OWN HOME! Every year the rent goes up. In year 5 you rake in R19 000 every month. In year 10, a whopping R25 000! While you live FREE, your rental income KEEPS GOING UP!
How do you get the keys? You speak to us. We help you apply for bond finance. Not just any bond finance, the best there is – we apply to ALL the banks, not just your usual one, and play them off against one another to get you the best deal in the market. We do rentals too, so you can choose between the DIY or the professional route. This is bound to be one of the most important calls you will ever make.
Key Details
Reference LFJN-14661
Listing type Sale
Property type House
Listing zone Residential
Suburb Primrose
City Germiston
Province Gauteng
Rates R 1,461
Property Details
Bedrooms 5
Bathrooms 2
Garages 1
Open parking 6
Covered parking 3
Floor area 150 m²
Land size 991 m²
Fence Yes
Garden Yes
Kitchen Yes
Storage Yes
Lounges 2
Storeys 1
Flatlets 1
Dining areas 2
Built-in cupboards Yes
Workshop!
Cottage!
Finance
Bond Calculator
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.