Property description

Discover a versatile commercial property opportunity located in the established suburb of Witfield, Boksburg. This multi-unit complex, situated on a generous 1468 sqm erf, presents significant potential for various business ventures or high-density residential rentals. The property features a practical U-shaped layout, cantered around a large, paved courtyard that provides ample space for access and 18 dedicated parking bays, including convenient shade net structures.

Designed for functionality, the complex boasts an impressive 29 bedrooms, 20 bathrooms, and 20 kitchens, indicating its suitability for multiple self-contained units. Interior spaces, as seen in some units, feature open-plan living and dining areas with durable tiled flooring and abundant natural light, offering a comfortable environment for occupants. The robust brick construction ensures longevity and low maintenance.

Operational features include a secure gated entrance and security grilles on ground-floor windows, enhancing safety for tenants and assets. Upper-level units benefit from private balconies, adding an attractive residential element. The property's street frontage ensures visibility and accessibility, crucial for commercial operations.

This property is an ideal investment for those seeking a high-yield rental portfolio, student accommodation, or a mixed-use development. Its configuration allows for flexibility, catering to diverse tenant needs within the Witfield area. Witfield offers a blend of residential and commercial properties, providing a dynamic environment for businesses and residents alike.

Key Features:
* 29 Bedrooms
* 20 Bathrooms
* 20 Kitchens
* 18 Parking Bays with Shade Nets
* 1468 sqm Erf Size
* Gated Entrance & Security Grilles
* Multiple Building Units
* Street Frontage

Income R125 10-.34 Expenses R44 959-96 Profit R80 148-38