Invest in a Promising Residential/Commercial Property in Jeppestown, Gauteng
Looking for a property with great potential for residential conversion in Jeppestown, Gauteng? Consider this commercial property located on a bustling street in the heart of the community. The building currently houses 3 retail units - a panel beater, tyre shop, and spares shop - and a large open space upstairs that is currently vacant and available for conversion into residential units.
In fact, the entire building can be transformed into 25 one-bedroom flats, offering an excellent investment opportunity for those looking to enter the residential property market. Detailed plans for the conversion are already available, making the process of turning this commercial property into a thriving residential complex easier and more manageable.
Don't let this promising opportunity slip away. Contact us today to schedule a viewing and discover how you can transform this commercial property into a highly desirable residential destination in Jeppestown, Gauteng. Whether you're a seasoned investor or new to the market, this property is a promising investment that you won't want to miss.
Rental information:
- Rental Price: R67 500 (projected income fully let)
- Price per Sqm: R64.29 sqm (projected income fully let)
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Disclaimer: While every effort will be made to ensure that the information contained within the Firzt Realty website is accurate and up to date, Firzt Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.