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1059m² Building For Sale in Maboneng

318 Marshall Street · Maboneng Web Ref SD744MA

For Sale

R 4 500 000

R 4 249 / m² · excl. VAT

1 059 m²Floor size
R 4 249Rate per m²
BuildingProperty type
ImmediatelyAvailable from
For SaleStatus

Overview

3 Erven for sale in Jeppestown. Measurements equate to the total size. These are 3 classical buildings which are enriched in the history of Jeppestown which have housed a shoe factory, retail outlets, and a doctors surgery.

Good investment with good returns. Building may need some maintenance work but mostly still in an good condition.

Building information is as follows:

Commercial tenants: 5
Residential tenants: 6 flats
Net annual income: R787, 920 (R65,660)
Gross annual expenses: R274, 476 (R22,873)

Property documents available upon request.

Connects easily to Mooi street, which ultimately connects to the M1 and M2 highway network system. Public transport facilities easily accessible.

Location

Similar available nearby

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