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 (56) R 2,022.00 R 113,212.00
Water (56) R 152.00 R 8,512.00
Shops (7) R 7,655.00 R 53,586.00
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
Type of Property Residential / Retail
Land Size 1,685sqm
Under Roof 2,700sqm excluding basement parking
Call Howard or Matt for a private viewing
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