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Business for sale in Witfield

R7,000,000
4,316m²
Prime Block Of Flats

Investment Opportunity: Calling all investors! Here is your chance to own a block of flats with immense potential for great returns. This property boasts a total of 30 flats, including 26 two-bedroom units, 1 three-bedroom unit, and 3 one-bedroom units.

The potential rental income is an impressive +/- R 142,000, offering a lucrative opportunity for investors. After deducting expenses such as maintenance, rates, staff, water, and insurance, the potential net income reaches around +/- R 80,000.

Situated in a prime location, this property is truly a steal. Don't miss out on this incredible opportunity to secure a solid investment in the real estate market. Contact us today to learn more and make this block of flats yours!

Property Type
Business
Stand Size
4,316m²
Rates & Taxes
R8,800
Reference
2221734
Property history
Listed for sale at R7,000,000
12 Mar 2024
Get to know Boksburg
This suburb situated on the East Rand of Gauteng has played a major role in the area’s history since it was originally laid out in 1887. Boksburg was intended to serve the surrounding gold mines via the historic Main Reef Road.
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