R 1 690 000 | retail property for sale in jeppestown

Property Description

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.


Property Details

Purchase Price R 1 690 000

Building Size750 m2

Price Per SQMR 2253 m2

Type of PropertyRetail

ZoningMixed Use

Land Size500 m2

Last Updated22 Apr 2024

Property Location

Similar Property in nearby suburbs

Agent

Michael Ilunga

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