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.
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
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