R985,000
R985,000
4
Bedrooms
2
Bathrooms
Monthly Levy
R1
Special Levy
R1
Monthly Rates
R745
Total
R747
Semi-Detached House Plus Adjacent Stand For Sale in Jeppestown
30 Kerk street
Web Ref.
RLS955209
Situated near the eastern end of the JHB CBD and just off Jules street, these 2 properties are ideal for either a landlord looking for an investment producing a good yield or a developer seeking land on which to build. On one stand is a semi detached house, and the other stand is vacant.
Collectively, both properties have more than 30 rooms that are rented out with no lease agreements. Both properties generate an approximate gross monthly income in the region of R50 000. These properties are in a state of dilapidation and are in need of major renovation.
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.
Collectively, both properties have more than 30 rooms that are rented out with no lease agreements. Both properties generate an approximate gross monthly income in the region of R50 000. These properties are in a state of dilapidation and are in need of major renovation.
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.
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Exterior
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Additional Amenities
Jeppestown, Johannesburg
Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer. In the 130+ years since Johannesburg was formed, the city has transformed, in various stages, from tents and rudimentary structures to skyscrapers and towers. Former muddy tracks are now world-class road networks and public transportation systems, and the Highveld's grasslands have evolved into one of the world's biggest urban forests. Interesting...
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Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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