ref # 1259

 ref # 1259

print
R 25 000 000 (1 201 923 EUR*)

select a 2nd currency

mortgage calculator

  1001 Boksburg rd
40
21
23
± 3286 m2
R 5329  / m
R 0  / m

Property Features
Fibre Internet
Access Gate
Balcony
Built In Cupboards
Dining Room
Electric Fencing
Electricity Included
Entrance Hall
Family/TV Room
Fence
Flatlet
Free Standing
Kitchen
Nearby Bus Service
Nearby Minibus Taxi Service
Nearby Train Service
Paving
Scenic View
TV
Water Included

EXCELLENT HIGH INCOME MIXED USE PROPERTY !

LOCATION LOCATION ! PRIME POSITION !

STUNNING MODERNIZED UNITS !

x2 RESIDENTIAL BLOCKS PLUS RETAIL SHOPS - FULLY OCCUPIED ! (28 TENANTS & 23 GARAGES)

LOW VACANCY HISTORY !

EXCELLENT RETURNS !

  • /

  • PRICE R25M Incl VAT

  • We are proud to present this rare Investment Opportunity, offering:

  • 1) Block A: Sectionalized units 41 -
  • - 12 Modern Residential Units
  • - 23 Lock up Garages & Parking
  • - 6 Retail Shops

  • 2) Block B: x 9 ULTRA Modern Residential Units

  • 3) Additional Income - Mtn Tower

  • Zoning - Business 2
  • Converge - 70%

  • Income (Projected) - R288405 pm
  • Recoveries - R45674
  • Total Income (Gross) R334079

  • Expenses R42136

  • Net Income R291 943 pm

  • Ideally Located on a well established and vibrant shopping complex, boasting National Tenants such as Pick n Pay, PEP and many more- amplifying foot traffic and demand !
  • Walking distance to amenities such as Schools, Hospital, and main arterial routes.

  • Key Features:
  • • Fully tenanted with a diverse and stable tenant mix
  • • Strong street frontage and foot traffic
  • • 23 secure garages allocated across both courts
  • • 100% occupancy across all units
  • • Consistent and reliable rental income with low vacancy history
  • • Adjacency to national tenants such as PEP, Pick n Pay and other established retailers
  • • Surrounded by residential and commercial developments
  • • Long-term capital growth potential

  • Call us TODAY !


Message Agent