407m² Retail For Sale in Jeppestown
118 Jules Street · Jeppestown Web Ref SD248JEP-FS
For Sale
R 1 365 000
R 3 354 / m² · excl. VAT
29 photos
407 m²Floor size
R 3 354Rate per m²
RetailProperty type
ImmediatelyAvailable from
For SaleStatus
Overview
Price: R1,365 million (transfer duty applicable)
Building size: 407,3sqm
ERF size: 248sqm
Annual income: R216,000
Annual expenses: R54,000
Annual income less expenses: R162,000
This historic building has outlived many of its counterparts from 1922, and is now for sale. This building is a well known spot on Jules Street. It houses a pub on its upper level and a grocery shop on the ground floor; with a spares shop being added into the mix. This is an investment property.
The property has 3 phase power; 2 water meters; 3 toilet facilities; and each tenant has their own electricity meter.
