Someone beat you to it!

Unfortunately, another Gumtree user is in the process of purchasing this item. Check back later in case they've changed their mind, or click the button below to browse more Pay & Ship listings.

Prime Investment Opportunity in Boksburg – 247 Rondebult Road

R 5,700,000

Can I afford this?
11 months ago408 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Description
Discover an exceptional investment opportunity in the heart of Boksburg! This 500m² commercial property, set on a generous 1400m² erf, is an ideal choice for investors seeking a lucrative return. Priced at R5.7 million excluding VAT, this property features five spacious and neat units, collectively generating an impressive monthly income of approximately R60,000.

Each unit is well-maintained and boasts tiled interiors, standard lighting, ample natural light, air conditioning, and convenient kitchen and bathroom facilities. The property also includes ample parking, ensuring convenience for tenants and visitors alike.

Situated on the bustling Rondebult Road, this property enjoys high visibility and easy access to major transport routes, making it a prime location for businesses. Boksburg is a thriving commercial hub, offering a mix of retail, industrial, and residential developments. Its central location ensures proximity to amenities such as shopping centres, schools, and medical facilities, as well as OR Tambo International Airport, making it a highly desirable area for businesses and tenants.

Property Reference #: CL114468

Agent Details:
Kiara Dawson
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1306857938
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 57,869
Total property loan amountR 5,700,000
Total interestR 8,188,333
Total repaymentR 13,888,333
Interest rate at 10.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Officeplace
Selling for 1 year
Total Ads3.64K
Active Ads3.64K
Professional Seller
Seller stats
3.64KTotal Ads
2.46MTotal Views
Contact Officeplace
060*******Show Number
Message
(3985)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms & Conditions and Privacy Notice and agree to receive newsletters and promo offers from us.