750m² Retail For Sale in Jeppestown
R1,690,000
Web Ref No CL1345
Well-Positioned Commercial Property on a Busy Road!
The building is situated on the corner of Jules Street and Jumper Street, Jeppestown.
Boasts Mixed-use commercial rights.
The property comprises 6 residential units of a 1 bed spec typically.
The retail section makes up the bulk of the building.
Also includes 5 well-sized shops, plus a daycare and spares shop.
Current income: R36,147.80p/m
With much room for improvement, this property boasts a significant upside!
Looking at a yield of 17%+, this is an excellent opportunity for a CASH ‘N CARRY or similar business.
Boasts Mixed-use commercial rights.
The property comprises 6 residential units of a 1 bed spec typically.
The retail section makes up the bulk of the building.
Also includes 5 well-sized shops, plus a daycare and spares shop.
Current income: R36,147.80p/m
With much room for improvement, this property boasts a significant upside!
Looking at a yield of 17%+, this is an excellent opportunity for a CASH ‘N CARRY or similar business.
Features
Zoning Mixed Use
Monthly Rates R3,168.50pm Excl. VAT
Floor Size 750m²
Land Size 500m²
Monthly Rates R3,168.50pm Excl. VAT
Floor Size 750m²
Land Size 500m²
Broker Contact Details
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