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R 6 900 000

Commercial Property for Sale in Benoni Central

Benoni Central, Benoni

1 600 m²

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Fantastic multi level appartment block - 46 rooms and 7 shops

Solid built multi level property !

7 retail shops at street level !

2 levels offering 46 rooms !

Low vacancy rate !

Low expenes with fantastic monthly income !

Water and electricity metered !

This Fantastic Commercial Property Offers:

7 x Fully Tenanted Retail Shops on street Level

46 Residential Rooms

Excellent demand and low vacancies (2 units vacant currently)

Fully Tiled Rooms and Common areas

Communal Bathrooms - Ladies and Gents

Communal Kitchen / Laundry area

Minor TLC required - Painting common areas, bathroom ceilings etc

Low expenses at R15k after recoveries

Gross Income R98k currently (Fully let Gross +-R110k)

Nett Income R71k

***EXPENSES:

Municipal account after recoveries R15000.00

Insurance R3000.00

Cleaning R3000.00

Maintenance Provision R2000.00

Vacancy Provision R4000.00

vat ...

Listing number: P24-115030070, Image number: 1

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Property Overview

Listing Number

115030070

Type of Property

Commercial Property

Description

Freestanding

Listing Date

07 October 2024

Erf Size

600 m²

Floor Size

1600 m²

Rates and Taxes

R 4 700

Facilities

Bedrooms

Other Features

Security

Security Gate

Flatlet

Yes

Nearby Public Transport

Bus, Train, Minibus Taxi

Points of Interest

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