R1 875 000 | 6 Bedroom Commercial Property For Sale in Boksburg, Boksburg

RARE QUALITY MIXED USE PROPERTY !

OWNER OCCUPIED PAST 40YRS - EXCELLENT CONDITION !

ABOVE AVERAGE FLATLETS QUALITY FINISHES !

HUGE POTENTIAL TO BOOST CURRENT INCOME !

POTENTIAL FOR 5 FLATLETS AND 1 OR 2 SHOPS !

PRIME LOCATION - CENTRALLY LOCATED !

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• ****** PRICE REDUCED DRASTICALLY - RELOCATION SALE ! ***




• This Investment Property zoned RESIDENTIAL Offers:


• Ground Floor:
• Corner Retail shop +- 75Sqm
• New Tenant just placed R15k pm (Month to month Lease)
• At the back of the shop is a storeroom with plumbing - originally a 1 Bed Flatlet / Room
• This can be used as a Bachelor unit again with minimal alteration work.


• A second 1 Room potential exist - currently used as a storeroom


• 2 Separate Toilets in the courtyard to service these 2 Rooms


• From the Shop is access to a Huge Basement.
• Ideal for a Liquor store owner - storage.


• 2 Manual Double Roller Garage Doors from street offers Secure parking - 3 - 4 cars and direct access to the courtyard area.


• Secure main Access door for Tenants


• First Floor:
• Huge Wooden Deck Courtyard area used by 3 Flatlets as communal Outdoor area.
• Partially Enclosed for cozy seating and entertainment area.


• Bachelor Flat:
• Stunning Open Plan studio set up, offering Spacious Lounge ad Bedroom area
• Stunning New Kitchen Fitted with modern Finishes
• Sparkling New Bathroom with Bath.


• 1 Bedroom Flat:
• Entrance Hall
• Huge Family room
• Neat Kitchen fully fitted
• Modern Bathroom with Bath
• Large Bedroom


• 2 Bedroom Flat:
• Open Plan Dining and Lounge area
• Stunning Modern Kitchen with Gorgeous Fitted Units
• 2 Bedrooms both magnificent in size
• Modern Bathroom with Bath



• Current Income:
• Bachelor R3000
• 1 Bed R3800
• 2 Bed R5500
• Shop R15000
• Total: R27 300


• Possible Additional Income:
• Further Potential Income from 2 Rooms currently used as storerooms +- R2000 x2 - R4000


• Garages can be converted back to original Retail SHOP For a further R10 000 if so desired.


• Current Expenses:
• rates R1341
• Elec R3400
• Ref and Water R 800
• Total R 7179


• Income (current R27 300)
• Net Income: R20 000 p/m


• (Convert 2 rooms and Increase income - immediately to R25K)


• Don't delay on this exceptional Investment opportunity !


• Call today to arrange and discuss !