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Security Complex Occupied With Tenants For Sale

Benoni, Gauteng, South Africa
Asking Price:
R52,000,000
Sales Revenue:
R1
Cash Flow:
R1

Existing fully walled security complex with 106 units. Occupied with tenants.
Gross income R522,000 pm
Has a separate school building on the stand zoned for 80 children.
Extra potential gross income from the school is R200,000 pm.
Complex about 3years new.
3 storey building - 34 units ground floor, 36 units 1st floor, 36 units 2nd floor
2 parking bays per unit. One open + one covered
Excellent security - CCTV cameras, electric fence, guard house + access control 24/7.
Pre-paid electricity & water meters, Fiber installed and ready, Wi Fi available

TOP finishes- caesar stone kitchen tops, bath & seperate shower in all units, Double glazed windows (temperature control & noise blockage), Modern cupboards in kitchen and bedrooms (soft touch release).

ALL units registered under Sectional title. The units can ALL be sold separately.
Keep some and sell some.

Property Information

Real Estate:

Real Property Included

Location:

Benoni

Size in square feet:
11297 sq m stand
Planning Consent:

already approved

Business Operation

Years established:
development 2.5 years old