Block of Residential Flats for sale in Boksburg North

R7,500,000
  1. 1,764m²
  2. Web Ref: 1349324
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Property Features

ERF Size 1,764 m²
Rates R23,110 per month
Building Size 721m²

626 SQM Complex for Sale in Boksburg North at R7,500,000.00

626 SQM Complex for Sale in Boksburg North at R7,500,000.00
This well-positioned residential complex in Boksburg North offers an outstanding investment opportunity, comprising 11 individual two-bedroom units spread across two double-storey blocks on a generous 1,764 sqm ERF. The first block consists of four units, while the second block accommodates seven units, providing a well-balanced residential development that appeals to a broad tenant market. Conveniently situated near the popular Satellite Bakery, the property enjoys easy access to a variety of amenities and is located approximately five minutes from East Rand Mall, making it an attractive choice for tenants seeking convenience and accessibility.

The complex is currently fully occupied, reflecting strong rental demand and providing investors with an established income-generating asset. Although tenants vacate from time to time, units are typically re-let quickly due to the competitive rental rates and sought-after location. The property also benefits from multiple covered carports and three lock-up garages, ensuring ample and secure parking for residents. With excellent access to the R21 highway and major transport routes connecting Benoni, Bedfordview, and surrounding areas, this investment offers long-term stability and growth potential within a well-established residential node. Contact us today to arrange a viewing of this exceptional property opportunity.

Location

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Dion van Aardt
Non-Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

349 Beyers Naude Drive, Northcliff

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