500 m² Business For Sale in Boksburg

SUPERB MIXED USE BUILDING - 5 x LARGE FLATLETS and 1 DOUBLE VOLUME SHOP
EXTREMELY WELL CARED FOR BUILDING !

PRIME LOCATION - IDEAL FOR STUDENT ACCOMODATION !

LOVELY SPACIOUS 2 BED FLATLETS WITH BALCONIES !

OUT BUILDINGS WITH STORE ROOM, 3 x TOILETS !

LARGE DOUBLE VOLUME SHOP WITH OFFICE !

AUTO GARAGES !
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This Rare and Quality Building OFFERS:

Ground Level:

- Flat Nr 5 - Converted and used as Double Garages with Automated Roller Shutter door
Originally the Bachelors flat consisted of a Bedroom / Lounge, Kitchen and a Bathroom.

- Double Volume Shop:
Large Open plan Shop ideal for Retail, with a Kitchen area, an Office in the rear, and Large Display windows with security Trellis and Double Access Doors
This Shop has rear exit Door to the Store room and Toilets in the Large back court yard.

First Floor: FLATS 3 and 4 ( Amalgamated )

2 x 2 Bedroom Flatlets which where joint into one entire floor currently used by the Owner for personal use.
The entire double living Property boasts Rhodesian Teac flooring and is in MINT CONDITION !

The entire 1st floor landing / patio is covered with dome shaped clear patio roofing
This Double Living Main section features with
Entrance Hall
Neat and spacious Bedroom 1
Huge Open plan Dining room and Kitchen (Converted)
The SPACIOUS Kitchen is gorgeous and boasts Fitted cupboards all round
A Separate Family Room of good size
Separate Main Bedroom (2nd bedroom) down the passage
Bathroom with Shower

This Main section is then joined with a passage and foyer to the adjacent 2 bedroom flatlet with it's 2 bedrooms, lounge, kitchen, balcony and bathroom.
Projected income at R5800 x 2 = R11 600

SECOND FLOOR:
Flat 1 and Flat 2

Both Flats have 2 bedrooms, a spacious Lounge leading ton a sunny Balcony, a Kitchen and Bathroom with Bath in both.

Typical Income for Flats of this Calibre:
R5500 - R6500 p/m
Currently there are 4 flatlets as one flat is being used as Garages, however it can easily be converted back to a flatlet

Shop
Rental of R 12 000 - R15 000

Current Total projected income at R32 000
Max Potential Total Income at R 42 000 - R 45 000.00

Rates +- R2 000
Zoned Commercial
Erf 500sqm
Shop size +- 160sqm - plus outside store room and toilets(exl)

Garage with Automated Roller door - 80sqm

Various on Street parking - 10 Cars

This FABULOUS Property stands apart from the average property and offers HUGE Investment Potential !

Call today to avoid disappointment !