1,405m² Business Centre For Sale in Jeppestown
R4,000,000
46 Macintyre street
Web Ref No CLS3509
Mixed Use Building in Jeppestown For Sale
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 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.
This sought-after complex includes 7 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
Monthly Rates R6,000.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,405m²
Land Size 702m²
Security Yes
Air Conditioning Yes
Monthly Rates R6,000.00pm Excl. VAT
Monthly Levy R1.00pm Excl. VAT
Floor Size 1,405m²
Land Size 702m²
Security Yes
Air Conditioning Yes
Extras
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
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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