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R 20 000 000

Commercial Property for Sale in Boksburg Central

Boksburg Central, Boksburg

Contact broker for street address

1 700 m²

Contact Broker

George De Bruin

Show Contact Number

Magnificent high income investment property - sectionalized units in pristine condition, !

EXCEPTIONAL RESIDENTIAL PROPERTY x 4 FREESTANDING BLOCKS !

High demand units on the border of bedforview !

Spacious units and meticulously maintained !

Great location and surrounding properties !

This Fantastic Property Offers:

x 4 Individual Quality Built Blocks - Face Brick exterior.

3 Of these blocks are 3 storeys with ground floor accommodating designated Garages for each Unit.

Private Communal Garden area

Well maintained common areas

Units comprise of 40 x Units - All spacious north facing and immaculately maintained.

9 x Huge 1 Bedroom Units with spacious Lounge, Balcony, Kitchen and Neat bathroom

31 x Spacious 2 Bedroom Units With Large Lounge, Balcony, Kitchen and Neat Bathroom. Both Bedrooms are Spacious !

Units range from 58 - 90 Sqm

Currently 2 Units Vacant

1 Unit under Maintenance

All Units with Pre-paid...

EXCEPTIONAL RESIDENTIAL PROPERTY x 4 FREESTANDING BLOCKS !

High demand units on the border of bedforview !

Spacious units and meticulously maintained !

Great location and surrounding properties !

This Fantastic Property Offers:

x 4 Individual Quality Built Blocks - Face Brick exterior.

3 Of these blocks are 3 storeys with ground floor accommodating designated Garages for each Unit.

Private Communal Garden area

Well maintained common areas

Units comprise of 40 x Units - All spacious north facing and immaculately maintained.

9 x Huge 1 Bedroom Units with spacious Lounge, Balcony, Kitchen and Neat bathroom

31 x Spacious 2 Bedroom Units With Large Lounge, Balcony, Kitchen and Neat Bathroom. Both Bedrooms are Spacious !

Units range from 58 - 90 Sqm

Currently 2 Units Vacant

1 Unit under Maintenance

All Units with Pre-paid Meters

Elec, water and Parking costs recovered

Secure Lock up Garages are available and charged at R150 - R180

A cozy Communal Garden area.

Income:

Gross Income at +- R240 000 (fully let)

Expenses +- R45 000(Nett)

Nett Income +- R195 000 @ 12% R.O.I.

Annual Income R2 340 000

This Prime Property offers a very Attractive current Income stream plus, the Flats have been Sectionalized, enabling increased future yield potential for the Investor.

The Property is ideally located in a sought after position in Primrose Hill, with similar neighboring properties, and offers Incredible views over Bedfordview and the surrounds.

Schools and other ideal amenities are in close proximity.

Call us today to enquire about this attractive Investment Property.

All leases and rent rolls available.

Electricity Included

Scenic View

Water Included

Listing number: P24-114829153, Image number: 1

Listing number: P24-114829153, Image number: 2

Listing number: P24-114829153, Image number: 3

Listing number: P24-114829153, Image number: 4

Listing number: P24-114829153, Image number: 5

Listing number: P24-114829153, Image number: 6

Listing number: P24-114829153, Image number: 7

Listing number: P24-114829153, Image number: 8

Listing number: P24-114829153, Image number: 9

Property Overview

Listing Number

114829153

Type of Property

Commercial Property

Description

Freestanding

Listing Date

22 August 2024

Erf Size

3 570 m²

Floor Size

1700 m²

Rates and Taxes

R 8 055

Facilities

Bedrooms

Bathrooms

Kitchens

Dining Room

Family/TV Room

External Features

Garage

Garden

Yes

Other Features

Security

Totally Fenced, Security Gate, Electric fencing

Special Feature

Satellite Dish, Paveway, Balcony

Flatlet

Yes

Nearby Public Transport

Bus, Minibus Taxi

Points of Interest

Bond Calculator

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