for sale

62 Bedroom Commercial Property For Sale in Boksburg North, Boksburg


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 ref # 1353

 ref # 1353

R 27 000 000 (1 317 073 EUR*)

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62
62
26
10

Property Features
Access Gate
Alarm
Built In Cupboards
Built-in-Braai
Family/TV Room
Flatlet
Free Standing
Garden Cottage
Guest Toilet
Laundry
Main Ensuite
Nearby Bus Service
Nearby Minibus Taxi Service
Paving
Pets Allowed
Pool
Security Estate
Staff Quarters

Cambridge Mews Investor Opportunity: 30,000 m² Double Stand Property with 62 Clustered Home Unit

Cambridge Mews Investor Opportunity

*Lucrative 30,000m² Property with 62 Clustered Home Units*

Located in the thriving Ekurhuleni metro, this expansive property boasts:

- 62 income-generating clustered home units (49 Cambridge Mews, 13 Bloekombos bungalows)
- Monthly rental revenue of R300,000 (R3.6 million annually)
- Gross yield of 12% on the R30 million asking price

*Growth Potential:*

- Upcoming University of Science and Innovation in Boksburg (groundbreaking mid-2026)
- Projected to serve 2,000 students and 180 staff, driving rental demand and property values
- Long-term growth engine with potential for increased economic activity

*Key Benefits:*

- Stable monthly income
- Prime positioning near university campus and working-class rental area
- Rising demand growth driven by families, students, staff, and infrastructure development

*Ready for Transaction:*

- All documentation in order for seamless transition
- Contact us for a booked viewing to secure your investment today!

*Asking Price:* R30 million

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