R1 250 000 | 4 Bedroom Commercial Property For Sale in Boksburg, Boksburg

LOW MAINTENANCE PROPERTY !

IDEAL FOR NEARBY TEVT COLLEGE STUDENTS - OR TAMBO HOSPITAL EMPLOYEES - PRIME LOCATION !

FULLY TENANTED !

HIGH DEMAND PROPERTY !

MODERN FITTINGS - UPGRADED UNITS !

ALL 4 UNITS WITH NEW KITCHENS, NEW QUALITY BEDROOM BUILT IN CUPBOARDS AND MODERN FLOOR TILES IN ALL 4 FLATS !

• This IDEAL INVESTMENT PROPERTY OFFERS:




• 4 x 1 Bedroom Flatlets HUGE (EASILY Modify into 2 Bedrooms) *****USED AS 2 BEDROOM FLATS*****
• Each Flat boasts Spacious Double Volume Tiled Lounge areas
• Newly Fitted Modern Kitchens
• Spacious Bedrooms with Modern Floor Tiling
• Bathroom with Bath Toilet and Basin
• All Units with Pre paid elec and Water meters


• The extra spacious Lounges can easily be converted into another bedroom area, whilst still leaving a good sized Lounge area, Increasing income potential.


• Current Income R16800 p/m Gross (R4200 / UNIT)
• Water and Electricity Metered


• RATES R800
• Utilities R260 (REFUSE) R541 (SEEWER)
• NET INCOME R16 000 pm (15% R.O.I)


• PRICE REDUCED - WAS R1.350K


• Zoned RESIDENTIAL 4: Residential 4, with primary rights for Dwelling House, Dwelling Units, Residential Building (Excluding Boarding Rooms), Retirement Village


• This is ideal for STUDENT ACCOMMODATION / Income generating property - Low maintenance Units and all units in MINT CONDITION.


• Call me today !!