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407m² Retail For Sale in Jeppestown

R1,365,000

118 Jules Street
Web Ref No 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.

Features

Zoning Commercial
Floor Size 407m²
Land Size 248m²

Broker Contact Details

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