1,620m² Apartment Block For Sale in Jeppestown
R2,199,000
266 Fawcus street
Web Ref No CLS3508
Well-Maintained, Well-Run Apartment Block of Three Floors with Eleven Units For Sale in Jeppestown
Ideally positioned close to taxi routes and bus stops as well as to busy Jules street, this face brick building is in good condition. Managed by a top rentals company, there is a Caretaker living on the premises
Features: 3 floors, 6 two-bed units, 4 bachelor units, caretaker's unit, security gates, burglar bars, wooden & tiled floors, balconies, BICs, kitchens, bathrooms with separate toilets, steel fire escape, basement parking for 8 cars, palisade fencing, corner stand, courtyard, paveway, views, concrete waterproofed roof, caretaker on site.
Income is R33 000 per month. This produces a Yield of 18% at the asking price
JEPPESTOWN
Jeppestown was established in or after 1886 by C.E.G. Julius Jeppe, who formed the Ford and Jeppe Estate Company with his son, who was also called Julius Jeppe, and L.P. Ford. In 1893, the Masonic temple was completed. In 1894, Jeppestown was described as consisting of "421 buildings, two churches, a Masonic temple, St Mary's Collegiate for Girls and a library". In 1896, the suburb had 5,647 inhabitants. St Michael's School for Boys, which has since been renamed Jeppe High School for Boys, was established in 1890, and the piece of open land called Julius Jeppe Oval was converted to a park in approximately the same year. The eastern part of Jeppestown came to be known as Belgravia.
Features: 3 floors, 6 two-bed units, 4 bachelor units, caretaker's unit, security gates, burglar bars, wooden & tiled floors, balconies, BICs, kitchens, bathrooms with separate toilets, steel fire escape, basement parking for 8 cars, palisade fencing, corner stand, courtyard, paveway, views, concrete waterproofed roof, caretaker on site.
Income is R33 000 per month. This produces a Yield of 18% at the asking price
JEPPESTOWN
Jeppestown was established in or after 1886 by C.E.G. Julius Jeppe, who formed the Ford and Jeppe Estate Company with his son, who was also called Julius Jeppe, and L.P. Ford. In 1893, the Masonic temple was completed. In 1894, Jeppestown was described as consisting of "421 buildings, two churches, a Masonic temple, St Mary's Collegiate for Girls and a library". In 1896, the suburb had 5,647 inhabitants. St Michael's School for Boys, which has since been renamed Jeppe High School for Boys, was established in 1890, and the piece of open land called Julius Jeppe Oval was converted to a park in approximately the same year. The eastern part of Jeppestown came to be known as Belgravia.
Features
Zoning Commercial
Monthly Rates R1,770.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,620m²
Land Size 495m²
Security Yes
Monthly Rates R1,770.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,620m²
Land Size 495m²
Security Yes
Extras
24 Hour Access
Above Road
Accommodation
Balcony
Balcony Room
Bath, Toilet and Basin
Built in Wardrobes
Burglar Bars
Carport
Communal
Covered Patio
Curtain Rails
Dishwasher Connection
Dual Living
Entrance Hall
Freestanding
Garden
Ground Floor
Metropolitan
Mountain
Multi Storey
On Street Parking
Oven & Hob
Parquet Floors
Partially Fenced
Patio
Paveway
Residential
Secondfloorandabove
Secure Parking
Security Complex
Shared Living
Security Gate
Shower
Staff Quarters Domestic Rooms
Suburban
TV Antenna
TV Port
Tiled Floors
Third Floor
Washing Machine Connection
Broker Contact Details
Patrick Foley
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 001 2)
Cell 082 340 5321
Office (011) 4095900
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 333 001 2)
Cell 082 340 5321
Office (011) 4095900
WhatsApp Me
Message the Agent
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