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4 Bedroom Semi Detached For Sale in Jeppestown

R990,000

30 Kerk street

Monthly Bond Repayment R10,728.70
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RLS955209

Semi-Detached House Plus Adjacent Stand For Sale in Jeppestown

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.

Features

Bedrooms 4
Bathrooms 2
Flatlet 30
Recep. Rooms 2
Floor Size 200m²
Land Size 990m²
Monthly Rates R745.00
Monthly Levy R1.00
Extras

24 Hour Access
Above Road
Accommodation
Awning
Bath, Toilet and Basin
Basin
Burglar Bars
Common Toilet
Communal
Courtyard
Covered Patio
Cul_De_Sac
Curtain Rails
Domestic Bathroom Out Buildings
Dual Living
Exposed
Entrance Hall
Fireplace
Freestanding
Flatlet
Garden
Ground Floor
Metropolitan
On Street Parking
Oven & Hob
Pantry
Residential
Partially Fenced
Pressed Ceilings
Patio
Paveway
Perimeter Wall
Semi Detached
Shower
Staff Quarters Domestic Rooms
Security Gate
Suburban
Totally Walled
Toilet
Wooden Floors

Agent 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

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