R 22 000 000
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2 681 m² Commercial space in Boston

1 784 m² 2 681 m²

INVESTMENT OPPORTUNITY WITH GREAT CAP RATE!

NO VAT APPLICABLE!

Presenting a unique investment opportunity on Voortrekker Road. A block of flats featuring 47 sections, ideal for maximizing rental income. This well-maintained property includes 31 flats, each equipped with pre-paid meters for convenient utility management. The flats are a combination of studio, 1 bed and 2 bed apartments. The building also offers 12 secure garages and 4 versatile storerooms. Located in the Boston area, this property ensures easy access to local amenities, schools, hospitals and public transport, making it highly attractive to tenants. With a solid rental history and strong demand in the area, this block of flats represents a promising investment for those looking to expand their portfolio.

Please contact me for more information and to arrange a viewing.

Property details

  • Listing number T4751443
  • Property type Commercial
  • Listing date 16 Aug 2024
  • Land size 1 784 m²
  • Floor size 2 681 m²
  • Rates and taxes R 6 800
  • Levies R 1

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