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PRICE REDUCED BY R200 000 !! This property is currently occupied as a residential home but a huge opportunity exists as a result of its position, in relation to neighbouring commercial properties for an investor to rezone and take advantage. The location makes it ideal for business premises that require easy access to major arterials, the airport, independent retail sectors, strip mall as well as mega malls in one of Boksburg's fastest growing commercial nodes. As it stands, the property consists of a lounge / dining area, easily converted into a reception and boardroom. The house has 3 generous sized bedrooms which would make for comfortable office space and a kitchen (which would need an upgrade). The space taken up by the kitchen can easily accommodate a renovated smaller functional kitchen, with ample space left for a server room or storeroom. The 2 family bathrooms can be converted into gents and ladies toilets and one may even retain a shower. In addition to this, the house offers a further extension to the original 3 bedrooms in the form of an oversized bedroom with separate cupboards and an en-suite bathroom. This space would make a very functional open plan office / accounts area. One could easily get rid of the 3rd bedroom and and walk in cupboard to increases office floor area, if need be. The double garage could be retained or alternatively converted into additional office or storage space. The configuration of the property on the stand allows for ample parking space for staff and small delivery vehicles or trailers. In consultation with the Local Authority, consent use or office zoning would be considered. One is also able to increase the floor area as well as the limitation of an additional storey to the building. According to local authorities, rezoning costs could be in the order to R200 000 to R400 000. Don't miss this great opportunity !!
Purchase Price R 1 650 000
Building Size230 m2
Price Per SQMR 7173 m2
Type of PropertyOffice
ZoningCommercial
Land Size1049 m2
Last Updated06 Aug 2020
Bathrooms2
Covered Parking Bays2
Open Parking Bays6
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