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R11,500,000

2,700m² Retail For Sale in Jeppestown

Rooms & Shops For Sale

his Property comprises Residential Rooms & Retail Shops in Jeppestown. One of the very few with basement parking.

The GLA of each is 18sqm

Each Floor Size is 900sqm

Rooms
Rooms (56) R 2,022.00 R 113,212.00

Room Recoveries
Water (56) R 152.00 R 8,512.00

Shops
Shops (7) R 7,655.00 R 53,586.00

Parking
Basement Parking (36) R 125.00 R 4,500.00

Retail Shop Recoveries
Water (7) R 348.00 R 2,436.00
Security (7) R 232.00 R 1,624.00
Rates (7) R 679.00 R 4,751.00

Monthly Operating Income R 188,621.00
Monthly Expenses 32% R 60,791.00
Monthly Net Operating Income R 127,830.00

Annual N.O.I. R1,533,960.00

Asking Price R 11,500,000.00

Room vacancies are 4

Property Details

Type of Property Residential / Retail
Land Size 1,685sqm
Under Roof 2,700sqm excluding basement parking

Call Howard or Matt for a private viewing

Features

0
0
Zoning:
Retail
Exterior
Security
No
Sizes
Floor Size
2,700m²
Land Size
1,685m²

Jeppestown, Johannesburg

A few suburb profiles in Johannesburg are listed below.  For info on others, please contact us. Orange Grove, a pretty tree lined suburb conveniently situated a mere 20 minute drive away from Sandton and even closer to OR Tambo, featuring a park and a library, plus one of Johannesburg’s oldest bar and grill, The Radium. Orange Grove is ideal for first time home buyers or those...
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Disclaimer: While every effort will be made to ensure that the information contained within the Firzt Realty Company website is accurate and up to date, Firzt Realty Company 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.

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