R3,950,000
R3,950,000
1,410m² Business Centre For Sale in Jeppestown
Ref. CLS3509
Land 702.00m²
Floor 1410.00 m²
Monthly Repayment
R39,116.51
Patrick Foley
Patrick Foley
Monthly Levy R1
Special Levy R1
Monthly Rates R6,005
Total R6,007

Well Kept Mixed Use Building in Jeppestown For Sale

Web Ref. CLS3509
Ideally positioned in the heart of Jeppestown on the corner of busy Marshall and McIntyre streets, this complex of retail outlets and residential apartments has been well maintained

This sought-after complex includes 7 residential apartments of various sizes, doctor's rooms, a shoe manufacturing plant, a hardware store, a car parts shop, and a restaurant. Gross Income: R65 660, Expenses: R22 873, Net Income: R42 787 Yield = 13%

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
Interior
Airconditioning
Fibre
Exterior
Security
Sizes
Land Size 702 m²
Floor Size 1,410 m²
Additional Amenities
24 Hour Access
Above Road
Air Conditioner
Accommodation
Alarm System
Bath, Toilet and Basin
Blinds
Built in Wardrobes
Burglar Bars
Curtain Rails
Covered Patio
Communal
Dishwasher Connection
Domestic Bathroom Bathroom
Dual Living
Fibre
First Floor
Extractor Fan
Freestanding
Internet Port
Metropolitan
On Street Parking
Oven & Hob
Paveway
Residential
Retail
Scullery
Shower
Shared Living
Storage
TV Antenna
Washing Machine Connection

Jeppestown, Johannesburg

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Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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