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Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 1
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 1
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 2
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 2
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 3
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 3
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 4
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 4
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 5
Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg in Centurion - Image 5
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Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg

Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg
R25,000,000
Description
AgencyRef: 1869-ref-1259 LOCATION LOCATION ! PRIME POSITION ! STUNNING MODERNIZED UNITS ! x 2 RESIDENTIAL BLOCKS PLUS RETAIL SHOPS - FULLY OCCUPIED ! (28 TENANTS & 23 GARAGES) LOW VACANCY HISTORY ! EXCELLENT RETURNS ! / PRICE : (R22.5m plus Vat) *** Reasonable Offers can be considered *** We are proud to present this rare Investment Opportunity, offering: 1) Block A: Sectionalized units 41: - 12 Modern Residential Units - 23 Lock up Garages & Parking - 6 Retail Shops 2) Block B: x 9 ULTRA Modern Residential Units 3) Additional Income - Mtn Tower Long term Lease Zoning - Business 2 Converge - 70% Income Gross - R302 643 pm Recoveries - R45 674pm Total Income (Gross) R349 397 (19% ROI on R22.5m) Expenses R94k (average) (Ins, & Maint, Mgmnt Fee) Net Income R255 397 pm (14% ROI @ R22.5m) ****Vat transaction***** Going Concern Sale possible*** Ideally Located on a well established and vibrant shopping complex, boasting National Tenants such as Pick n Pay, PEP and many more- amplifying foot traffic and demand ! Walking distance to amenities such as Schools, Hospital, and main arterial routes. Key Features: ⢠Fully tenanted with a diverse and stable tenant mix ⢠Strong street frontage and foot traffic ⢠23 secure garages allocated across both courts ⢠100% occupancy across all units ⢠Consistent and reliable rental income with low vacancy history ⢠Adjacency to national tenants such as PEP, Pick n Pay and other established retailers ⢠Surrounded by residential and commercial developments ⢠Long-term capital growth potential Call us TODAY ! Agency reference number: 1869-1259
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Commercial 1869-ref-1259 for Sale in Boksburg, Boksburg has been posted in the Boksburg Commercial Store for Sale category on Locanto.

Why not check out other ads in this category, such as Commercial 1869-ref-1014 for Sale in Boksburg, Boksburg, Boksburg, Boksburg, Commercial 1869-ref-1341 for Sale in Boksburg, Boksburg, Boksburg, Boksburg or Commercial 1721-ref-6665 for Sale in Boksburg, Boksburg in Boksburg, Boksburg, Boksburg. Currently, there are 32 ads posted in the Commercial Store for Sale category in Boksburg.

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