R4 500 000 | 17 Bedroom Commercial Property For Sale in Boksburg, Boksburg

FANTASTIC INVESTMENT OPPORTUNITY !

HANDSOME RETURN ON INVESTMENT WITH GROWTH POTENTIAL !

LOW MAINTENANCE BUILDING !

LARGE AND SPACIOUS FLATS - WELL MAINTAINED AND MANAGED.

FULLY TENANTED !
SCREENED AND VETTED TO HIGH STANDARDS BY OWNER.
GOOD MIX OF BACHELOR, 1 BED AND 2 BED FLATLETS.
1 RETAIL TENANT MORE THAN 30YRS RENTING TO DATE.

HIGHLY SOUGHT AFTER AREA !

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• This EXCELLENT INVESTMENT Property Offers:


• Entrance Foyer via access door


• Various Unit options catering to a wide range of Tenants:


• 6 x 2 bedroom flats @ +-R4500 - R27000
• Massive Rooms and spacious Lounges.
• Neat bathrooms and Kitchens
• Balconies.


• 2 x 1 bedroom flats @ +-R3500 - R7000
• Large Lounge, Kitchen, Bathroom and a Spacious Bedroom.
• Balconies.


• All flats with pre paid and water meters.


• 3 x bachelor flats @ +-R3000 - R9000
• Duplex Units, Modernised with Tiled Lounge, Kitchen and Bathroom on lower level, The bedroom is on upper Level.
• All neatly Tiled and Modern Finishes and Cabinetry.
• Solar Geysers and pre paid meters.


• 2x Retail shops @ +-R5000 - R10000
• Large shops, one of the Tenants been renting for 30yrs plus.



• Total Income R53 000 Gross


• Zoning - Residential
• No sectional Title
• Under roof area 1200sqm


• Net Income R42 000 pm


• Extremely well cared for building with solid tenants. Owners disinvesting.


• Call today to add this excellent Investment Property to your Portfolio !


• Price negotiable, reasonable Offers from qualified Buyers will be considered.