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R 5 950 000 | investment property for sale in booysens

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Property Description

Outstanding Investment opportunity with Main Road exposure to Booysens Road. This prime property is in the perfect location based on a corner stand consists of 6 retail stores with main road frontage, 6 residential flats that would need to be in reinstated as well as a well sized Factory with ample yard space. Each retail unit has a storage unit too for additional space. The retail stores have tenants in place generating a good income however there is opportunity to generate more income by renting out the residential units, as well as the factory. The retail component is extremely neat however the residential units and factory would require some TLC. The warehouse is approximately 400m2 and has natural lighting, ample yard space as well as 3 phase power and its own private entrance. This property has endless opportunity for an investor looking to generate a lucrative monthly return


Property Details

Purchase Price R 5 950 000

Building Size1100 m2

Price Per SQMR 5409 m2

Type of PropertyInvestment

ZoningCommercial

Land Size1658 m2

Last Updated05 Oct 2020

Rooms

Bathrooms6

External Features

Open Parking Bays20

General Features

Three Phase PowerYes

Air ConditioningYes

Property Location

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