Ref # 2208844
Property Details
243 Commissioner Street

Ground Floor offering 1 x tenanted shop (perfect for Liquor store) and workshop. Workshop currently utilizes Garage space for residential tenants, potential of R 10 000.00 rental. Additional parking available down the road for tenants when converting the garage into a workshop.

2 x Bachelor rooms currently utilized as storerooms can be converted to bachelor accommodation. 2 x bathrooms to service 2 x bachelor flats.

Currently tenanted at a total rental income of R 15 000.00 excluding 2 x flats and Workshop.

Suggested rental income on 2 renovated flats - R 2500.00 each.

Ground Floor Benefits:

  • 75 m2 shop + basement storage.
  • Tenanted at R 15 000.00 monthly.
  • Shop is perfect for a Liquor store.
  • Corner building in Busy Boksburg.
  • 2 x storerooms can be converted to studio apartments.
  • 2 x bathrooms for studio apartments.
  • Courtyard communal area.
  • Security access system for tenants.
  • Secure double roller garage doors at workshop area. Currently utilized at 4 x parking.
  • The Shop and Workshop area has direct access to the courtyard.
  • Ample visitor’s street parking.

Second floor offers

1 x 2 bed/ 1 x 1 bed/ 1 x studio apartment.

Apartments complimented with a wooden deck to serve as outdoor entertainment area. 3 Modern Apartments in excellent condition and are well maintained.

Currently tenanted at a total monthly rental income:

2 bed apartments: R 5 500.00

1 bed apartment: R 3 800.00

Studio apartment: R 3000.00

TOTAL: R 12 300.00

Second Floor benefits:

2 bed apartment:

  • Open plan lounge and dining area.
  • Separate Kitchen with ample appliance space.
  • 2 sizable bedrooms.
  • 1 Full bathroom.

1 bed apartment:

  • Open plan lounge dining and kitchen area.
  • 1 bedroom with BIC.
  • 1 bathroom.

Studio apartment:

  • Open plan living and sleeping area.
  • Kitchenette.
  • Enough cupboard spaces.
  • Newly renovated bathroom and kitchen.
  • Wooden deck area for entertainment.
  • Private parking space to rent down the road.
  • Security access system.


Deceased estate

248 m2 corner building

Potential rental income: R 43 000.00

Central located

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