R5 895 000 | 14 Bedroom Commercial Property For Sale in Boksburg, Boksburg

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FABULOUS MIXED USE INVESTMENT PROPERTY !

FANTASTIC ROI ! (18%)

METICULOUSLY RENOVATED - HIGH END INTERIOR FITTINGS & FINISHES !

ALUMINIUM WINDOW FRAMES INSTALLED FOR A MODERN EXTERIOR LOOK !

STABLE LONGSTANDING RETAIL / COMMERCIAL TENANTS WITH LONG LEASES IN PLACE !

TENANT LEASING 1ST FLOOR AS LUCRATIVE BnB LODGE WITH 14 x STUNNING En SUITE ROOMS !

BOREHOLE ! (unfitted)

PRIME LOCATION ! ON A BUSY AND WELL KNOWN STREET !

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• This Pristine Investment Property up for Sale !


• Offering x 8 Retail Shops on street Level
• Neat and well kept shops with bathrooms at rear
• Long Term Leases in place with Strong n Stable income


• First Floor offering x 14 Ultra Modern Bedrooms with en suite Bathrooms - operating as a lucrative Guest Lodge, Leased out to Tenant/operator.
• Entire 1st Floor / Rooms Boasting with top end fittings and finishes as it was recently renovated from top to bottom, making this a sought after accommodation choice for Guests in the area.


• Alternative Options:
• With simple additions of Kitchenettes to these rooms the top floor could be home to x 14 Upmarket and Stylish Bachelor Units !
• You decide !



• INCOME:
• Gross Income R92k pm


• Net Income after all expenses Estimate R78k pm
• 18% R.O.I
• Operational cost could be passed on to Tenants to boost income.
• Currently no running costs charged to tenants.
• Various options possible as up side.


• Borehole to be commissioned by owner - further boost savings on costs. (on acceptable offer)


• Additional Features
• Laundry Room and facilities, Communal section with Kitchen and Ablution, Store room and outside toilet and shower.
• Solar Geyser
• Borehole


• Expenses R15k pm



• EXCEPTIONALLY NEAT AND WELL MAINTAINED BUILDING !


• GREAT LOCATION !


• ALL TENANTS ARE COMMERCIAL - NO HEADACHES WITH RESIDENTS MONTHLY.



• Make that call and seize this Pristine Investment TODAY !




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