Commercial Property For Sale in Boksburg, Boksburg

PRIME LOCATION !

SITUATED CLOSE TO BUSY MAJOR CHAIN STORES AND BANKS !

FULLY TENANTED !

COMPRISING OF 13 FLATS ON 1ST FLOOR AND 4 SHOPS GROUND FLOOR !

SHOPS HAVE LONG STANDING TENANTS !

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• EXCELLENT INVESTMENT OFFERING:
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• 4 Large shops on Ground Floor with Stable Tenants (Total Income +-R40k)
• 13 Flatlets on 1st Floor - 4 Large Flats and 10 Mixed - Bachelor and 1 Bedroom Flats (Total Income +-R30k)
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• Pre Paid Meters Installed - collected at around 80-85% of the usage
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• Running Costs at +-(R17500 Budgeted) R13k Av
• Net Income R60k pm
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• Rent Roll and financials available
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• well maintained and no need of renovations
• Going Concern - r Take Over Deal because its fully tenanted
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• Shop 1 148 sqms
• Shop 2 110 sqms
• Shop 3 210 sqms
• Shop 4 210 sqms
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• Flatlets:
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• Unit 1 – 82sqms
• ? 3 Bedrooms
• ? 1 Bathroom
• ? Toilet
• ? Kitchen
• ? Balcony
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• Unit 2 – 80 sqms
• ? 3 Bedrooms
• ? 1 Bathroom
• ? Toilet
• ? Kitchen
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• Unit 3 – 62 sqms
• ? 1 Bedroom
• ? Kitchen
• ? Bathroom and toilet
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• Unit 4 – 62 sqms
• ? 1 Bedroom
• ? Kitchen
• ? Bathroom and toilet
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• I do not have the sqms of the other flats, but know the total floor area is around 160 – 180 sqms.
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• Unit 5
• ? 1 bedroom
• ? Lounge
• ? Kitchen
• ? Shower and toilet
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• Unit 6, 7, 12 and 13
• ? Bachelor/ open plan - Bedroom, kitchen, shower and toilet
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• Unit 8
• ? One bedroom
• ? Lounge
• ? Kitchen
• ? Bathroom and shower
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• Communal flat made of (Unit 9, 10, 11):
• ? 3 bedroom
• ? 3 Shared showers
• ? Shared Kitchen
• ? 3 separate toilets
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• Renovations were done to the property 6 years ago