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.
Video
Features
Zoning Commercial
Floor Size 407m²
Land Size 248m²