R5 500 000 | 24 Bedroom Commercial Property For Sale in Boksburg, Boksburg

SOLID BUILT FACE BRICK COMPLEX !

SPACIOUS 2 BED UNITS WITH GARDEN AREAS AND LOADS OF PARKING !

FULLY OCCUPIED UNITS WITH LEASES !

SHARE SALE TRANSACTION - NO DUTIES !

CLOSE PROXIMITY TO NEW EAST RAND UNIVERSITY COMING !

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• We are proud to present another FABULOUS INVESTMENT PROPERTY:


• 12 x 2 Bed Units Spacious Lounges and Bedrooms
• Bathrooms with Showers and Bath Tubs
• Full Kitchens with space for washer/Dryer and Fridge
• Fully Tiled and recently painted units
• Nice private gardens
• Ample Covered Parking Bays
• Remote access gate
• Electricity metered
• Water, Refuse and sewerage billed


• Income:
• - 5 x units R5500
• - 3 x units R5300
• - 2 x units R6000
• Elec recoveries R12 000
• Total R78200
• (New rates 01 July 2025: R250pm increase to all units at R5300 and R5500) New gross from July R68700 plus recoveries - R80k +- (13% Roi)


• Expenses:
• Municipal bill R19k
• Maintenance R3000


• Net R54800 ROI 12%


• Call us today - before it is Gone !!!