407m² Retail For Sale in Jeppestown
R1,365,000
118 Jules Street
Web Ref
SD248JEP-FS
Well located commercial/retail building for sale in Jeppestown
Price: R1,365 million (transfer duty applicable)
Building size: 407,3sqm
ERF size: 248sqm
Annual income: R216,000
Annual expenses: R54,000
Annual income less expenses: R162,000
This historic building has outlived many of its counterparts from 1922, and is now for sale. This building is a well known spot on Jules Street. It houses a pub on its upper level and a grocery shop on the ground floor; with a spares shop being added into the mix. This is an investment property.
The property has 3 phase power; 2 water meters; 3 toilet facilities; and each tenant has their own electricity meter.
Building size: 407,3sqm
ERF size: 248sqm
Annual income: R216,000
Annual expenses: R54,000
Annual income less expenses: R162,000
This historic building has outlived many of its counterparts from 1922, and is now for sale. This building is a well known spot on Jules Street. It houses a pub on its upper level and a grocery shop on the ground floor; with a spares shop being added into the mix. This is an investment property.
The property has 3 phase power; 2 water meters; 3 toilet facilities; and each tenant has their own electricity meter.
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Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
407m²
Land Size
248m²
Jeppestown, Johannesburg
Randburg is well-known within the sprawling metropolitan location of Johannesburg. It is largely the location of many commercial and industrial nodes, however, there are also various locations where people live. The history of the area dates back to 1959 and is in fact made up of 32 suburban locations which make up greater Randburg area. The name is in fact named after the currency of South Africa. In modern-day...
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