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R 1 295 000

Commercial Property for Sale in Boksburg Central

  • Floor Size 1 100 m²
MULTI TENANTED PROPERTY - EXCELLENT INVESTMENT - BLOCK x4 UPGRADED FLATS IN CBD

Low maintenance property !

Ideal for nearby tevt college students - prime location !

Fully tenanted !

High demand property !

Modern fittings - upgraded units !

All 4 units with new kitchens, new quality bedroom built in cupboards and modern floor tiles in all 4 flats !

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This IDEAL INVESTMENT PROPERTY OFFERS:

4 x 1 Bedroom Flatlets (EASILY Modify into 2 Bedrooms)

Each Flat boasts Spacious Double Volume Tiled Lounge areas

Newly Fitted Modern Kitchen

Spacious Bedroom with Modern Floor Tiling

Bathroom with Bath Toilet and Basin

All Units with Pre paid elec meters

The extra spacious Lounges can easily be converted into another bedroom area, whilst still leaving a good sized Lounge area, Increasing income potential.

Current Income R18 000 p/m Gross

RATES R800

Utilities R3074

NET INCOME R14 126 pm (13% R.O.I)

price...

Low maintenance property !

Ideal for nearby tevt college students - prime location !

Fully tenanted !

High demand property !

Modern fittings - upgraded units !

All 4 units with new kitchens, new quality bedroom built in cupboards and modern floor tiles in all 4 flats !

/

This IDEAL INVESTMENT PROPERTY OFFERS:

4 x 1 Bedroom Flatlets (EASILY Modify into 2 Bedrooms)

Each Flat boasts Spacious Double Volume Tiled Lounge areas

Newly Fitted Modern Kitchen

Spacious Bedroom with Modern Floor Tiling

Bathroom with Bath Toilet and Basin

All Units with Pre paid elec meters

The extra spacious Lounges can easily be converted into another bedroom area, whilst still leaving a good sized Lounge area, Increasing income potential.

Current Income R18 000 p/m Gross

RATES R800

Utilities R3074

NET INCOME R14 126 pm (13% R.O.I)

price reduced - was r1.350K

This is truly an Investors ideal investment - Low maintenance Units and all units in MINT CONDITION.

Call me today !!

Electricity Included

Scenic View

TV

Listing number: P24-114732757, Image number: 1, STREAT VIEW
Listing number: P24-114732757, Image number: 2, MODERN FIXTURES AND FITTINGS
Listing number: P24-114732757, Image number: 3, NEW BEDROOM BIC's in all Units
Listing number: P24-114732757, Image number: 4, MODERN FLOOR TILES IN ALL UNITS
Listing number: P24-114732757, Image number: 5, EXTRA VOL LOUNGES OFFERS VARIETY OF OPTIONS
Listing number: P24-114732757, Image number: 6
Listing number: P24-114732757, Image number: 7, NEAT BATHROOMS
Listing number: P24-114732757, Image number: 8
Listing number: P24-114732757, Image number: 9
Property Overview
Listing Number
114732757
Type of Property
Commercial Property
Description
Freestanding
Listing Date
31 July 2024
Erf Size
600 m²
Floor Size
1100 m²
Rates and Taxes
R 800
Bedrooms
4
Bathrooms
4
Kitchens
1
Dining Room
1
Family/TV Room
1
Parking
3
3 Open Parking
Security
Security Gate
Flatlet
Yes
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