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R 1 375 000 (69 269 EUR*)

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  1246 BOKSBURG CBD rd
4
3
10
± 500 m2
± 530m2
R 2200  / m
R 0  / m

Property Features
Dining Room
Entrance Hall
Family/TV Room
Flatlet
Free Standing
Kitchen
Nearby Bus Service
Nearby Minibus Taxi Service
Nearby Train Service
Pantry
Paving
Scenic View
Staff Quarters
Storage

PRICED TO SELL - MIXED USE INVESTMENT PROPERTY IN PRIME LOCATION IN CBD

FANTASTIC OFFERING - IDEALLY LOCATED WITH HIGH PASSING FOOT TRAFFIC !

REDUCED PRICE - VACANT OCCUPATION !

2 LARGE SHOPS WITH ROLLER SHUTTERS !

AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE, BATHROOM AND KITCHEN !

OUTBUILDINGS IN BACK STAND AREA

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  • BUILDING NEEDS SOME TLC - Restored Value - R2.2m !


  • LARGE OPEN PLAN SHOPS WITH OFFICE / KITCHEN COMPONENT

  • TYPICAL RENTAL INCOME RANGES PER SHOP R5000 - R8 000

  • BATHROOM FACILITIES FOR THE SHOPS ON 1ST FLOOR LANDING AREA

  • 2x 2 Bedroom Flatlets
  • Each flat consists of Kitchen, Huge Lounge, Bathroom, and 2 Bedrooms
  • Typical Rental on these Flats ranges R4500 - R4800

  • Estimated Total Income: R19 000 - R 25 600 Gross
  • Rates R2200
  • Zoning Commercial
  • Erf size 495sqm
  • Shop size +- 125sqm
  • Flat size +- 115 sqm

  • Out Buildings and out Toilets
  • Communal Garden Area in Back

  • This is a excellent opportunity to add to your investment property portfolio.



  • *****Please note the price has been determined at current condition, Restored Value estimated at R2m - R2.2m****


  • Call us today !!


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