R 8 500 000 | business property for sale in benoni central

A RARE INVESTMENT OPPORTUNITY ! EXCELLENT RETURNS ! DISTINCTIVE FULLY UPGARDED PROPERTY - IMMACULATE - TURN KEY CONDITION ! FULLY TENANTED WITH LOW TENANT TURNOVER ! PRIME LOCATION ! ****PRICED TO SELL**** / We are proud to present an ABSOLUTE RARE find ! This fully renovated building, immaculately maintained, Offering the following: 3 Floors consisting of 31 Units and 6 Retails Shops on street Level. Retail Tenants with longstanding track records Apartments: 14 x 1 Bedroom Units 17 x Bachelor Units All with Pre paid electricity and Water Meters for no hassle management. Retail Shops: 1 x Double shop and 4 Smaller shops Income: Total R147k Gross R.O.I. 21% R110k Net R.O.I 16% Expenses: R37k The roof has been fully secured with perimeter fencing, adding dedicated washing line area, communal Braai facilities and seating areas. Added extras: Back up Water storage Tanks Inverter for electricity in Common Areas Central Tv Dish installation for all Units Lifts that has been decommissioned and converted into secure storage for all meters and equipment etc. on each Floor Roof top Communal Braai Facilities and wash line area Parking: On street Level Zoning - Business 1 (CBD) Retail and Residential FAR 1.7 1205sqm Coverage 81% This is truly an EXCEPTIONAL INVESTMENT OPPORTUNITY - Do not delay on this prime property, Call us TODAY !