R1 680 000 | 4 Bedroom Commercial Property For Sale in Boksburg, Boksburg

FANTASTIC OFFERING - IDEALLY LOCATED WITH HIGH PASSING FOOT TRAFFIC !

REDUCED PRICE D TO SELL !
MOTIVATED SELLER / RELOCATING !

2 LARGE SHOPS WITH ROLLER SHUTTERS !

AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE, BATHROOM AND KITCHEN !
***FLATLETS BOTH UNDERGOING REVAMP BY OWNER*****

OUTBUILDINGS IN BACK YARD AREA X 2

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• BUILDING NEEDS SOME TLC - INCOME POTENTIAL Value - R2.4m !



• LARGE OPEN PLAN SHOPS WITH OFFICE / KITCHEN COMPONENT
• (SHOPS HAVE BEEN CLOSED UP INTO TWO SEPARATE SHOPS)
• ONE SHOP VACANT


• 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 R4800 - R6000


• Estimated Total Income: R26 000 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 R2.2 - R2.4m****


• ****OWNER IN PROCESS OF UPGRADING BOTH FLATS - COME AND VIEW !! *****


• Call us today !!