Business for sale
20 bedrooms, 7 bathrooms on 18,000 m² land; versatile commercial property with rental potential in Groeneweide, Boksburg.
A Versatile Investment Opportunity in Groeneweide, Boksburg
Discover an expansive commercial property in the heart of Groeneweide, Boksburg, perfect for investors with a keen eye for diverse opportunities. Currently operating as a rental platform with many different sections offering good financial opportunities as the place already approximately more 9 tenants. This property offers POTENTIAL for various needs and investment STRATEGIES as this property has extra space that hasnt been used. A potential investment opportunity to add more infrustructure
This property features 15 spacious rooms, each adaptable to a multitude of uses. Whether you're envisioning classrooms, training spaces, offices, conference centers, or even comfortable living quarters, this property can accommodate your vision. Fifteen of these rooms are currently set up as businesses to let, ideal for renting out or flexible meeting spaces. Additionally, there are six storerooms providing ample storage and seven sets of toilets, each with four individual units, ensuring convenience for large groups.
The property's versatile layout and prime location make it an attractive prospect for a wide range of investments. Those interested in renting out will appreciate the size of the extra land the property offers. Plus the property also has a house
For investors seeking rental income, the property can be converted into residential units, apartments, or a guest house, offering significant rental income potential. Its size and layout are perfectly conducive to creating comfortable and desirable living spaces. Alternatively, it can be transformed into a retirement home or assisted living facility, catering to the needs of the elderly. Businesses can establish an office park or individual office suites, capitalizing on the property's central location and accessibility. Furthermore, the flexible layout is ideal for short-term accommodation like an Airbnb or lodge.
Situated in the vibrant community of Groeneweide this property enjoys proximity to a host of amenities. It's near the Chris Hani Museum, offering rich historical and cultural context, and within easy reach of Dawn Park Shopping Centre for everyday conveniences. Surrounded by Rondebult, Windmill Park, Elspark, and Vosloorus, it serves a wide catchment area. Excellent connectivity is ensured with easy access to major highways leading to Boksburg CBD, Carnival City, Germiston, Benoni, Alberton, East Rand, and Johannesburg CBD, making commuting effortless. Numerous nearby schools also cater to families with children.
Don't miss this exceptional investment opportunity! Offering a unique blend of space, location, and potential, this property is a must-see for savvy investors. Contact King Prince today to schedule a viewing and explore the endless possibilities that await!
Listed for sale at R15,000,000
Price reduced by 10.0% to R13,500,000
Price reduced by 11.1% to R12,000,000
Price reduced by 12.5% to R10,500,000
Groeneweide in Boksburg is a strategically positioned commercial and industrial node that offers excellent connectivity to major logistics routes and proximity to established business hubs in the East Rand.
