PRICED TO SELL - MIXED USE INVESTMENT PROPERTY IN PRIME LOCATION IN CBD

Boksburg, Boksburg, Gauteng
ID 1259236

Property features

R1 600 000

Property Details

FANTASTIC OFFERING - IDEALLY LOCATED WITH HIGH PASSING FOOT TRAFFIC ! REDUCED PRICE TO SELL ! MOTIVATED SELLER / RELOCATING ! 2 LARGE SHOPS WITH ROLLER SHUTTERS ! AND 2 x 2 BED FLATLETS WITH SPACIOUS LOUNGE, BATHROOM AND KITCHEN ! ***FLATLETS BOTH JUST BEEN REVAMP BY OWNER***** OUTBUILDINGS IN BACK YARD AREA X 2 / LARGE OPEN PLAN SHOPS WITH KITCHEN COMPONENT (SHOPS HAVE BEEN CLOSED UP INTO TWO SEPARATE SHOPS) ONE SHOP VACANT TYPICAL RENTAL INCOME RANGES PER SHOP R5000 - R8 000 BATHROOM FACILITIES FOR THE SHOPS ON 1ST FLOOR LANDING AREA 2x 2 Bedroom Flatlets Each flat consists of Kitchen, Huge Lounge, Bathroom, and 2 Bedrooms Typical Rental on these Flats ranges R5000 - R6000 Estimated Total Income: R26 000 Gross Rates R2200 Zoning Commercial Erf size 495sqm Shop size +- 125sqm Flat size +- 115 sqm Out Buildings and out Toilets Communal Garden Area in Back This is a excellent opportunity to add to your investment property portfolio.