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Primer mixed use building for sale in Jeppestown
R 1,800,000
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2 years ago466 views
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General Details
Location:
Description
ERF Size: 248m2
Building size: 471,51m2
Gross monthly rental: R24,737
Gross annual income: R296,844.00
Less annual expenses: R60,000
Net annual income: R 236,844.00
Yield: 16%
This is a history rich building that has been a stalwart of Jules Street stemming back to the 1940's. It has persevered through numerous historical events that have transpired in Jeppestown.
This aged property is still in good condition and well maintained.
The building has been repurposed to include 3 shops on the ground floor; two flats on the first floor that comprise of 6 bedrooms; and two flatlets, with all the spaces bringing in an income. The building is fully tenanted.
This is an investment opportunity with a reasonable yield. Do not miss the boat!
Property Reference #: SD471.51J-JEP
Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia
Building size: 471,51m2
Gross monthly rental: R24,737
Gross annual income: R296,844.00
Less annual expenses: R60,000
Net annual income: R 236,844.00
Yield: 16%
This is a history rich building that has been a stalwart of Jules Street stemming back to the 1940's. It has persevered through numerous historical events that have transpired in Jeppestown.
This aged property is still in good condition and well maintained.
The building has been repurposed to include 3 shops on the ground floor; two flats on the first floor that comprise of 6 bedrooms; and two flatlets, with all the spaces bringing in an income. The building is fully tenanted.
This is an investment opportunity with a reasonable yield. Do not miss the boat!
Property Reference #: SD471.51J-JEP
Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia
Id Subtitle 1019951874
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Estimated monthly repaymentR 19,507
Total property loan amountR 1,800,000
Total interestR 2,881,615
Total repaymentR 4,681,615
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Officeplace
Selling for 6+ years
Total Ads3.80K
Active Ads3.80K
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Seller stats
3.80KTotal Ads
2.34MTotal Views
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