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Lucrative Security Complex Occupied With Tenants In Benoni For Sale

Benoni, Gauteng, South Africa
Asking Price:
R56,000,000
Sales Revenue:
R6,420,000
Cash Flow:
R6,420,000

Existing fully walled security complex with 106 units. Occupied with tenants.
Gross income: R535138 pm. Price excludes VAT
3-story building

34 units on the ground floor,
36 units, 1st floor,
36 units, 2nd floor

Has a separate school building on the stand zoned for 80 children.
extra potential gross income from the school is R200,000 per month.

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, and Wi-Fi is available

TOP finishes: caesar stone kitchen tops, bath & separate 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