Property Details

25 1st Street, El Hawk, Boksburg, GP

Price details

Price: R 2 600 000
Outstanding Bond: R 70 000
Levies: R 1
Investment potential
ROI: 18%
Gross Yield: 24%
Rental: R51000
Profit Potential:R45000

Property description

R 2 600 000
An investment opportunity like no other awaits you. R51 000 rental gross per month, +/- R5000 upside and a JV opportunity available on this building. Located in the heart of Boksburg North, very vibrant corner, property is close to both the N12, R21 and N17 highways and roadways. 15 minutes from OR Tambo International Airport.

-It has 5 residential units

- A back area which can be used for additional parking or storage.

- 5 shops in the front which are 90% occupied.

-The size of the building is 473 m2

Features
5 Commercial Shops, 5 Residential Flats, 1 Storeroom, (another storeroom) potentially another small unit.
Date Listed: 2023-04-18
Erf Size: 744 m²
Num. Bedrooms: 9
Num. Bathrooms: 5
Num. Garages: 0
Num. Carports: 0
Urgency: Immediately
Reason for selling
Possible Cession

Location

Address: 25 1st Street
Estate: El Hawk
Suburb: Boksburg
Province: GP
Code: 1459
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Investment potential
ROI: 18%
Gross Yield: 24%
Rental: R51000
Profit Potential:R45000

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