R 2 300 000

10 Bedroom House in Boksburg Central

1-9 somerset block flat building, 25 frere street

10 10 500 m² 50 m²

Investment Opportunity: 500 M Somerset Flats Prime Block Property in Boksburg Central. Discover Somerset Flats, a secure and well-maintained residential complex perfectly situated at 25 Frere Street, Boksburg Central.

This promising investment offers a total of 9 spacious units, with 40% currently tenanted, ensuring potential rental income and growth in the CBD.

All documentation and rental rolls are in order, making this a hassle-free acquisition.

Property :

Total Units: 9

Unit Mix:

6 x 2-Bedroom Units (40 m each, Valued at R270,000)

1 x 2-Bedroom Unit (47 m, Valued at R310,000)

1 x 1-Bedroom Unit (104 m, Valued at R600,000)

1 x 2-Bedroom Unit (54 m, Valued at R350,000)

All Units Include: 1 Bathroom, Kitchen, Lounge, and Dedicated Parking Space

Current Occupancy: 40% Tenanted and Under Renovations.

Complex Features: Secure, well-kept, and located in a peaceful, desirable neighbourhood.

Somerset Flats is an excellent opportunity for property investors seeking a solid return in a growing urban area, with prominent schools within the vicinity.

Ideal for expanding your rental portfolio or entering the real estate market with an income-generating asset.

Dont miss outsecure your piece of Boksburg today.

For rental roll and additional documentation, contact us directly.