500 m² Business For Sale in Boksburg

FANTASTIC MIXED USE INVESTMENT ! FULLY TENANTED WITH HUGE POTENTIAL FOR INCREASING YIELD !!
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 !
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****** 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 !