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

FABULOUS MIXED USE INVESTMENT PROPERTY !

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 !

UPSIDE: LOOKING TO PLACE 14 LONG TERM TENANTS - SIMPLE MODIFICATIONS ADDING ONLY KITCHENETTES TO THE EN-SUITE ROOMS ?

BOREHOLE !

PRIME LOCATION ! ON A POPULAR AND WELL KNOW STREET !

• /







• This Pristine Investment Property up for Sale !


• Offering x 8 Retail Shops on street Level
• Neat and well kept shops with bathrooms at rear
• 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.


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




• Gross Income R92k pm (+- R1.2m p.a)


• Net Income after all expenses Estimate R78k pm
• 16% 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.


• Additional Features
• Laundry Room and facilities, Communal section with Kitchen and Ablution, Store room and outside toilet and shower.
• Cctv
• Solar Geyser
• Borehole (to be fitted in due course)


• Expenses R15k pm


• Make that call and seize this Pristine Investment TODAY !




• @@@@@ REDUCED FROM R6.5m @@@@