R1 750 000 | 7 Bedroom Commercial Property For Sale in Boksburg, Boksburg

FANTASTIC INVESTMENT PROPERTY !

EXCELLENT VALUE FOR MONEY !

MODERNIZED HOUSE AND 4 RENTAL UNITS !
(ALL FULLY TENANTED)\

HUGE DEMAND FOR THESE BACHELOR / 1 BEDROOM UNITS !

All with Own Pre Paid Meters

TWO SEPARATE ACCESS GATES ! !

OWNER RELOCATING !! OFFERS FROM R1 650 000 SOUGHT ! ******

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• THIS EXCELLENT INVESTMENT PROPERTY OFFERS:


• Main House
• 3 Sunny and Spacious Bedrooms
• 2 Bathrooms - Main En Suite
• Large Family Room with Aircon, Sliding Doors to Balcony
• Stylish and Modern Open Plan Dining Room


• Brand NEW MODERN Kitchen, Separate Laundry / Scullery area


• Separate Entrance to Property - Long drive way - can easily add Carport for 4 Cars


• Flatlets
• 4 x 1 Bedroom Units - Modernized and Spacious, With Kitchen and Bathrooms Open Plan Layout Lounge / Dining Room
• Pre Paid Facilities



• Ideally located close to Curo Pvt School in Parkdene and the N17 on ramp !



• CURRENT INCOME OF R23k p/m (House and Cottages)
• (Main House rental could easily be improved to (R11k - R13k p/m) to increase the Yield.


• Main House income Currently R9k p/m
• Additional Income - R13 200pm from Cottages / Flatlets !


• Total Current Income R 22k
• Expenses Rates, Sewerage R3500
• Gardener
• Net Income +- R18 000 pm
• ***UPSIDE All leases to be increased - overdue. New owner can negotiate new rates and utilities distributions with takeover etc.


• Don't MISS OUT on this Investment Opportunity !!


• Call me today to add this Excellent Property to your Portfolio !