R2 990 000 | 11 Bedroom Commercial Property For Sale in Boksburg, Boksburg

EXCELLENT INCOME GENERATING PROPERTY !

REGISTERED GUEST HOUSE RIGHTS !

11 X BEAUTIFUL MODERNIZED COTTAGES !

AMPLE COVERED PARKING BAYS !

BOREHOLE, SOLAR GEYSERS AND GEYSER TIMERS TO KEEP COSTS DOWN !

FANTASTIC DEMAND - FULLY LET !

IDEALLY LOCATED IN A QUIET FAMILY ORIENTATED NEIGHBOURHOOD !

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• This Excellent Income Property Offers:


• Auto Access gates and paved parking areas for all units, under shade Net Coverings.


• Following a thoughtful conversion, the property now presents 11 beautifully appointed, self-contained units, showcasing a seamless fusion of contemporary style and cozy charm."


• Units:
• 3 x 1 Bedroom units with small lounge area, kitchen, Bathroom with shower and a spacious Bedroom.
• 8 x Bachelor Units with Spacious Bedroom, Kitchenette and Bathroom with Shower.



• All Units are in pristine condition and are well maintained by the current Owners.


• REASON FOR SELLING: Old Age and disinvesting by the current owner.


• Income:
• Rentals at R4000 pm includes all Utilities


• Expenses:
• Rates R1189
• Water R2850
• Refuse R725
• Sewer R785
• Electricity R8000 - R10000


• Total Exp R15 500


• Nett Income R29 000



• Call us today to add this Income Property to your Portfolio !