R3 595 000 | 11 Bedroom Commercial Property For Sale in Boksburg, Boksburg

FANTASTIC RETURNS !

SPACIOUS AND PRIVATE UNITS !

DOUBLE STAND CORNER PROPERTY - 7 ENTRANCE GATES !

ACCESS FROM 3 ROADS !

IDEALLY LOCATED IN A PRIME AREA NEAR ALL AMENITIES - SCHOOLS, SHOPS MAJOR ROUTES !

FULLY LET, LOW TURN OVERS ! LONGSTANDING TENANTS !

PRICED TO SELL !

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• BOOST your Portfolio Income with this Unique Multi Unit / Tenanted Income Generating Property


• Developed into 7 Spacious and Independent Units over time by the owner, offering Private Gardens, Own access via automated gates and spacious living units.


• Access via x 3 streets to each property entrance gate.


• Units:
• Consisting of 1 and 2 Bed Units, all with Own private gardens and access gates


• Unit 1 R6000 pm (All Units include utilities)
• Unit 2 R9000
• Unit 3 R7000
• Unit 4 R7000
• Unit 5 R8000
• Unit 6 R9000
• Unit 7 R9000 (currently owner occupied)
• TOTAL Gross R55 000


• Expenses
• Rates, Water, Sewer, Refuse R2600
• Elec Pre paid purchased - R13000


• Net Income plus minus R40k pm (14 % R.O.I.)


• Demand is excellent for these Units being Located in a safe and sought after RESIDENTIAL Area.


• General exterior needs TLC


• Units interior neat and modern - no work required as is, with some improvements income can be adjusted accordingly.


• Call us today to enquire on this FABULOUS opportunity !