Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 2 750 000

Commercial Property for Sale in Boksburg Central

  • Floor Size 389 m²
Fantastic investment property - x 11 modern cottages with loads of features !!

Excellent income generating property !

Registered guest house rights !

11 x beautiful modernized cottages !

Ample covered parking bays !

Borehole, solar geysers and geyser timers to keep costs down !

Fantastic demand - fully let !

Ideally located in a quiet family orientated neighbourhood !

/

This Excellent Income Property Offers:

Auto Access gates and paved parking areas for all units, under shade Net Coverings.

Following a thoughtful conversion, the property now presents 11 beautifully appointed, self-contained units, showcasing a seamless fusion of contemporary style and cozy charm."

Units:

3 x 1 Bedroom units with small lounge area, kitchen, Bathroom with shower and a spacious Bedroom.

8 x Bachelor Units with Spacious Bedroom, Kitchenette and Bathroom with Shower.

All Units are in pristine condition and are well...

Excellent income generating property !

Registered guest house rights !

11 x beautiful modernized cottages !

Ample covered parking bays !

Borehole, solar geysers and geyser timers to keep costs down !

Fantastic demand - fully let !

Ideally located in a quiet family orientated neighbourhood !

/

This Excellent Income Property Offers:

Auto Access gates and paved parking areas for all units, under shade Net Coverings.

Following a thoughtful conversion, the property now presents 11 beautifully appointed, self-contained units, showcasing a seamless fusion of contemporary style and cozy charm."

Units:

3 x 1 Bedroom units with small lounge area, kitchen, Bathroom with shower and a spacious Bedroom.

8 x Bachelor Units with Spacious Bedroom, Kitchenette and Bathroom with Shower.

All Units are in pristine condition and are well maintained by the current Owners.

REASON FOR SELLING: Old Age and disinvesting by the current owner.

Income:

Rentals at R4000 pm includes all Utilities

Expenses:

Rates R1189

Water R2850

Refuse R725

Sewer R785

Electricity R8000 - R10000

Total Exp R15 500

Nett Income R29 000

Call us today to add this Income Property to your Portfolio !

Borehole

Electricity Included

Solar Geyser

Water Included

Water Tank

Listing number: P24-114896111, Image number: 1
Listing number: P24-114896111, Image number: 2
Listing number: P24-114896111, Image number: 3
Listing number: P24-114896111, Image number: 4
Listing number: P24-114896111, Image number: 5
Listing number: P24-114896111, Image number: 6
Listing number: P24-114896111, Image number: 7
Listing number: P24-114896111, Image number: 8
Listing number: P24-114896111, Image number: 9
Property Overview
Listing Number
114896111
Type of Property
Commercial Property
Description
Garden Flat, Freestanding
Listing Date
06 September 2024
Erf Size
1 000 m²
Floor Size
389 m²
Rates and Taxes
R 1 189
Bedrooms
11
Bathrooms
11
Kitchens
1
Laundry
Lounge
1
Parking
20
8 Open Parking, 12 Covered Parking
Shade net parking
Garden
Yes
Security
Totally Fenced, Security Gate
Special Feature
Paveway
Flatlet
Yes
Nearby Public Transport
Bus, Minibus Taxi
Backup Water
Yes
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Broker

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading