500 m² Business For Sale in Boksburg

PRIME INVESTMENT UP FOR GRABS ! MIXED USE BUILDING 23 Units IN SOUGHT AFTER LOCATION.
EXCELLENT MIXED USE BUILDING !

EXCELLENT SPREAD OF ROOMS - DOUBLE AND SINGLE ROOMS OFFERED !

HUGE ROOMS IN GREAT CONDITION !

BUILDING RECENTLY UPGRADED PLUS A BRAND NEW ROOF !

PRIME LOCATION WITH HIGH TENANT DEMAND !

FULLY TENANTED YIELDING IMPRESSIVE RETURNS !
/

This Excellent Investment is up for Sale, Offering:

Ground Floor:
Entrance and Foyer - very clean and neat Impression.
12 x Single / Bachelor Rooms all neatly painted with Tiled Flooring, with own bathroom and Kitchenette / sink

1St Floor:
6 x Double Rooms Offering quality Rooms, Large in size and with bathrooms and Kitchen / Kitchenettes
Access to balcony area at back ideal for hanging washing etc

2nd Floor
5 x Double Rooms very neat and extra spacious, offering bathrooms and Kitchens / Kitchenettes

2 x Retail Shops on street Level boasting with brand new Roller shutter doors.
Exterior of this building has been upgraded and offers a striking and appealing street view.

Income:
12 x Singles at R2800 +- R34k
11 x Double Rooms at R3500 - R4100 +- R31k
Retail Shops (conservative rates) at R6500 +- R12k

Total Current Income +- R77 000 p/m Gross
Exp (Rates R1800, Wifi R999) R8000-R9000

Net Income at R68 000 !!!

All utilities are Metered for convenience of Management
(W&L)
** Electricity recovered from Tenants at R3/Kw
Water recovered at R50/KLitre

All units with Prepaid meters
Billing administered by Citiq
CCTV System - Recently fitted x 8 Cameras

Don't delay on this EXCITING Offering, it will not be available for too long !!!

******* PRICED TO SELL ******
Call me immediately to secure your first option !