House for sale in Boksburg

This investment property in the heart of Boksburg's Central Business District.

This House, with 6-unit residential room has been remodeled with approved plans, offering affordable comfort, legal compliance, and immediate rental income from day one.

Property Highlights:

6 Self-Contained Units: Each featuring private bedroom and bathroom facilities, ideal for students, or small families

6 Bathrooms: per each unit room.

5 Dedicated Parking Spaces: Secure off-street parking in high demand CBD location.

Fully Compliant: All remodeling completed with approved building plans; no compliance headaches for the new owner.

Financial Performance (Verified May 2026):

Gross Monthly Rental Income: R 17,466.00

Base Rentals (6 Units): R 16,400.00

Electricity Meter Income: R 1,066.00

Total Monthly Expenditure: R 6,643.00

Council Bill (Water, Lights & Rates): R 5,983.00

Property Insurance: R 460.00

Maintenance/Cleaning: R 200.00

Net Monthly Income: R 10,823.00

Projected Annual Net Yield: R 129,876.00

Unbeatable Location: Situated on Montague Avenue in Boksburg CBD, this property offers tenants unmatched convenience with shops, transport hubs, and business centers within walking distance.

Families will appreciate proximity to 4 well-regarded schools in the surrounding area, making this a highly desirable address that ensures consistent occupancy and low vacancy rates.

Why This Property? With a proven rental track record, immediate positive cash flow of over R10,800 per month, and a central location that commands strong tenant demand, this is the ideal addition to any property portfolio.

The property does need some attention on its condition and care, this property is for investors looking to build additional passive income respectively.

Contact me today for this fire sale.