R 4 799 000
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1 413 m² Commercial space in Boksburg Central

1 413 m² 1 413 m²

Welcome to an exceptional investment opportunity in Boksburg! This block of flats presents a compelling proposition for seasoned investors and newcomers alike. We invite all interested parties to seize this chance, as all reasonable offers will be considered. Act quickly, as this gem won''t stay on the market for long!

Comprising a total of 12 units, this property offers versatility and potential for further enhancement to suit your preferences. The existing layout includes:

- 8 spacious 2-bedroom units, each with 1 bathroom

- 4 cozy 1-bedroom units, also with 1 bathroom

Parking is a breeze with 11 covered spaces available, securely situated behind locked gates, ensuring peace of mind for both tenants and owners.

Currently, 11 units are occupied, providing immediate rental income. This property offers a hassle-free investment opportunity, with tenants already in place.

One of the standout features of this property is the beautifully landscaped communal garden, providing a serene outdoor space for residents to enjoy. Additionally, a dedicated braai area adds to the appeal, fostering a sense of community among tenants.

Convenience is key, with the property conveniently located adjacent to Spar, providing easy access to shopping amenities for residents.

With a robust ROI of 10%, this investment promises attractive returns. Whether you''re a seasoned investor looking to expand your portfolio or a newcomer seeking a solid investment opportunity, this property ticks all the boxes.

Don''t miss out on the chance to capitalize on this fantastic opportunity in Boksburg. Schedule your viewing today and unlock the potential of this remarkable property!

Property details

  • Listing number T4787540
  • Property type Commercial
  • Listing date 13 Sep 2024
  • Land size 1 413 m²
  • Floor size 1 413 m²
  • Rates and taxes R 2 745

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