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R 4 800 000 | business property for sale in boksburg

Property Description

STUNNING PROPERTY WITH EXCELLENT INCOME ! 4 x ULTRA MODERN UNITS IDEAL FOR PROF / EXEC TENANTS ! BEAUTIFUL HIGH QUALITY FINISHES ! PRIME LOCATION IN UPMARKET SUBURB ! **************************************** *** HURRY, THIS ONE WILL BE SNATCHED UP ANY MOMENT ** / This EXCEPTIONAL INVESTMENT Property Offers: LOCATION....LOCATION...LOCATION..!!!!! Ideally Located in an Upmarket residential suburb, with easy access to main arterial routes and Highway access, top schools and daycare facilities, as well as leading chain stores and shopping centers. Enviable Curb appeal with Modern features. Access controlled Entry Gate. Parking facilities x 10 Vehicles, Covered and Open parking available Units with private Gardens and Surrounded by Huge Lush Trees, creating a serene Homely Feeling. 4 x Ultra Modern Duplex Units, All with 2 Bedrooms, very spacious and meticulously finished and serviced each by 2 Gorgeous Bathrooms, all donned with stunning fixtures and fittings ! Downstairs offers the tenant a bright and sunlight drenched Family room/ Dining area, all open plan to the Kitchen. The interactive Kitchen boasts with stunning Cabinetry, double basins and ample space for appliances. Two of the Units are slightly different in layout, featuring an additional feature in a small study at the front entrance. For the rest, the Units are all a mirror image of on another. Large Bedrooms with Huge windows, quality Flooring and ample Built in Cupboards. The Bathrooms are all fitted with top end Fittings and Finishes. Each with own electric geyser, with added feature of a central heat pump, circulating and heating the water for added savings. Another feature is the storage space with built in cupboards in the passages for one's convenience. Each unit has its own pvt garden area, making this a sought after investment set up for a wide variety of tenant spread, from single executives, to small to medium sized families. The property could easily also be used as a small office park setup as an alternative investment. All units with prepaid elec Long standing Tenants in 3 Units of over 8 years. One unit currently under maintenance work, as well as the exterior of the property by the owner. All work will be finalized, and are being done under professional warranty. Income: 4 x R11000 Rent per unit (excluding utilities, water, sewerage and refuse are shared and split between the units) Total income R 44 000 Gross Expenses , Rates and Taxes R 1000 Total Net Income R 43 000 p/m Zoning Residential No Sectional Title Full title / Freestanding Property Unit sizes - All 110sqm On busy main road. This highly attractive and sound Investment Property comes with incredible opportunity to add value to your investment portfolio, Call us today to avoid disappointment !! **************Reasonable Offers shall be Considered**************


Property Details

Purchase Price R 4 800 000

Building Size480 m2

Price Per SQMR 10000 m2

Type of PropertyBusiness

Land Size1100 m2

Last Updated23 Jan 2024

Property Location

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