Ideally positioned in the heart of Jeppestown on the corner of busy Marshall and McIntyre streets, this complex of retail outlets and residential apartments has been well maintained
This sought-after complex includes 7 apartments of various sizes, doctor's rooms, a shoe manufacturing plant, a hardware store, a car parts shop, and a restaurant. Gross Income: R65 660, Expenses: R22 873, Net Income: R42 787 Yield = 13%
JEPPESTOWN Jeppestown was established in or after 1886 by C.E.G. Julius Jeppe, who formed the Ford and Jeppe Estate Company with his son, who was also called Julius Jeppe, and L.P. Ford. In 1893, the Masonic temple was completed. In 1894, Jeppestown was described as consisting of "421 buildings, two churches, a Masonic temple, St Mary's Collegiate for Girls and a library". In 1896, the suburb had 5,647 inhabitants. St Michael's School for Boys, which has since been renamed Jeppe High School for Boys, was established in 1890, and the piece of open land called Julius Jeppe Oval was converted to a park in approximately the same year. The eastern part of Jeppestown came to be known as Belgravia.
Features
0
0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,405m²
Land Size
702m²
Extras
24 Hour Access • Above Road • Air Conditioner • Accommodation • Alarm System • Bath, Toilet and Basin • Blinds • Built in Wardrobes • Burglar Bars • Curtain Rails • Covered Patio • Communal • Dishwasher Connection • Domestic Bathroom Bathroom • Dual Living • Fibre • First Floor • Extractor Fan • Freestanding • Internet Port • Metropolitan • On Street Parking • Oven & Hob • Paveway • Residential • Retail • Scullery • Shower • Shared Living • Storage • TV Antenna • Washing Machine Connection
Johannesburg...Joburg...Jozi...The City of Gold. It's a city that goes by a variety of names, and which has won acclaim around the world for various factors. From the urban vibes of Johannesburg's CBD, which has undergone a major rejuvenation, to many other areas such as Sandton, which has evolved from dirt roads to Africa's richest square mile, Gauteng's biggest city has much to offer.
In the 130+ years since...
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