R 1 875 000 | business property for sale in boksburg

RARE QUALITY MIXED USE PROPERTY ! OWNER OCCUPIED PAST 40YRS - EXCELLENT CONDITION ! ABOVE AVERAGE FLATLETS QUALITY FINISHES ! HUGE POTENTIAL TO BOOST CURRENT INCOME ! POTENTIAL FOR 5 FLATLETS AND 1 OR 2 SHOPS ! PRIME LOCATION - CENTRALLY LOCATED ! / ****** PRICE REDUCED DRASTICALLY - RELOCATION SALE ! *** This Investment Property zoned RESIDENTIAL Offers: Ground Floor: Corner Retail shop - 75Sqm New Tenant just placed R15k pm (Month to month Lease) At the back of the shop is a storeroom with plumbing - originally a 1 Bed Flatlet / Room This can be used as a Bachelor unit again with minimal alteration work. A second 1 Room potential exist - currently used as a storeroom 2 Separate Toilets in the courtyard to service these 2 Rooms From the Shop is access to a Huge Basement. Ideal for a Liquor store owner - storage. 2 Manual Double Roller Garage Doors from street offers Secure parking - 3 - 4 cars and direct access to the courtyard area. Secure main Access door for Tenants First Floor: Huge Wooden Deck Courtyard area used by 3 Flatlets as communal Outdoor area. Partially Enclosed for cozy seating and entertainment area. Bachelor Flat: Stunning Open Plan studio set up, offering Spacious Lounge ad Bedroom area Stunning New Kitchen Fitted with modern Finishes Sparkling New Bathroom with Bath. 1 Bedroom Flat: Entrance Hall Huge Family room Neat Kitchen fully fitted Modern Bathroom with Bath Large Bedroom 2 Bedroom Flat: Open Plan Dining and Lounge area Stunning Modern Kitchen with Gorgeous Fitted Units 2 Bedrooms both magnificent in size Modern Bathroom with Bath Current Income: Bachelor R3000 1 Bed R3800 2 Bed R5500 Shop R15000 Total: R27 300 Possible Additional Income: Further Potential Income from 2 Rooms currently used as storerooms - R2000 x2 - R4000 Garages can be converted back to original Retail SHOP For a further R10 000 if so desired. Current Expenses: rates R1341 Elec R3400 Ref and Water R 800 Total R 7179 Income (current R27 300) Net Income: R20 000 p/m (Convert 2 rooms and Increase income - immediately to R25K) Don't delay on this exceptional Investment opportunity ! Call today to arrange and discuss !