ref # 1336

 ref # 1336

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R 6 895 000 (331 490 EUR*)

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  123 Benoni rd
31
24
± 600 m2
± 1380m2
R 7700  / m
R 0  / m

Property Features
Access Gate
Balcony
Built-in-Braai
Electricity Included
Entrance Hall
Family/TV Room
Flatlet
Free Standing
Kitchen
Nearby Bus Service
Nearby Minibus Taxi Service
Nearby Train Service
Satelite
Scenic View
Staff Quarters
Storage
Water Included

HIGH INCOME BUILDING IN IMMACULATE CONDITION - 24 UNITS PLUS 4 RETAIL SHOPS !

EXCEPTIONALLY RARE OPPORTUNITY : LOCATION + MINT CONDITION + FANTASTIC ROI !

FULLY OCCUPIED !

TOTALLY UPGRADED BLOCK - TOP TO BOTTOM, IMMACULATE INVESTMENT PROPERTY !

ALL PAPERWORK IN ORDER, LEASES,FINANCIAL DATA etc - AND.....PRICED TO SELL !!!!

******SERIOUS BUYERS ONLY*****

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  • FANTASTIC INVESTMENT - MIXED USE BUILDING in BENONI CBD Offering the following:

  • 4 x Retail Shops - Well maintained condition with modern finishes.
  • 24 Residential Units: All gutted to the bone, Fully Upgraded recently.
  • EXCEPTIONAL CONDITION !
  • Good spread between Bachelor units, One Bed and 2 Bedroom Units.
  • Make up:
  • 8 x 2 Bed Units
  • 10 x 1 Bed Units
  • 6 x Bachelor Units


  • Income:
  • Total Gross - R127k ROI 22%
  • Total net - R88k ROI 15.30%


  • x12 Units with Balconies

  • All Units and Shops with Pre paid electricity meters.

  • All water meters Metered.

  • On street Level there is 4 x Shops
  • 3 Tenants (One Tenant with Double Shop)
  • Large shop Tenant also renting store rooms.
  • The shops have back doors from the courtyard, offering access to their living component of the shops.
  • (Upside to separate from the shops and convert to 4 additional Residential Units)
  • 1st and 2nd Floors consisting of the Various Residential Units

  • Lifts have been decommissioned and are used as storage space / meters and camera rooms.

  • Communal Courtyard with washing lines, Braai Facilities and seating areas.

  • Parking:
  • On street parking
  • Zoning - Business 1 CBD

  • We rarely come across Buildings offering such Value for Money - with a realistic PRICE Tag !
  • Slightly Negotiable.

  • Serious and Motivated Buyers ONLY.

  • Don't Delay - call us TODAY to avoid disappointment !!


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