Well located commercial/retail building for sale in Jeppestown
Price: R1,365 million (transfer duty applicable)
Building size: 407,3sqm
ERF size: 248sqm
Annual income: R216,000
Annual expenses: R54,000
Annual income less expenses: R162,000
This historic building has outlived many of its counterparts from 1922, and is now for sale. This building is a well known spot on Jules Street. It houses a pub on its upper level and a grocery shop on the ground floor; with a spares shop being added into the mix. This is an investment property.
The property has 3 phase power; 2 water meters; 3 toilet facilities; and each tenant has their own electricity meter.
Building size: 407,3sqm
ERF size: 248sqm
Annual income: R216,000
Annual expenses: R54,000
Annual income less expenses: R162,000
This historic building has outlived many of its counterparts from 1922, and is now for sale. This building is a well known spot on Jules Street. It houses a pub on its upper level and a grocery shop on the ground floor; with a spares shop being added into the mix. This is an investment property.
The property has 3 phase power; 2 water meters; 3 toilet facilities; and each tenant has their own electricity meter.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
407m²
Land Size
248m²
STREET MAP
STREET VIEW