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GOING ON AUCTION IN JEPPESTOWN! UNPARALLELED INVESTMENT OPPORTUNITY! COMMERCIAL PROPERTY AUCTION IN JEPPESTOWN, JOHANNESBURG, GAUTENG AUCTIONED BY FIRZT REALTY

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JEPPESTOWN, JOHANNESBURG - COMMERCIAL PROPERTY

GOING ON AUCTION IN JEPPESTOWN! UNPARALLELED INVESTMENT OPPORTUNITY! - THIS AUCTION HAS CLOSED

DESCRIPTION:

Presenting an unparalleled investment opportunity that seamlessly combines commercial allure with residential comfort. This mixed-use gem stands as a testament to savvy financial foresight, with six meticulously designed flats and five dynamic shops, collectively generating an impressive monthly income of R67,155,00.

Positioned strategically at the intersection of convenience and potential, this property capitalizes on its prime location to maximize returns. The six thoughtfully crafted flats offer modern living spaces, while the five versatile shops cater to an array of businesses, ensuring a steady income stream.

Set your sights on the future as this remarkable cash generator goes under the hammer on the 26th of September 2023 @ 12.30 pm. Don't miss your chance to own an investment that promises both immediate returns and long-term value, making it a truly exceptional addition to any astute investor's portfolio.

Income:
Restaurant R 12,660.00
Make my shoe factory R 16,445.00
Dr Patel R 3,850.00
City 2 R 6,500.00
Mason D Hardware R 2,000.00
Flat 1 R 2,750.00
Flat 2 R 2,750.00
Flat 3 R 2,750.00
Flat 4 R 3,850.00
Flat 5 R 3,850.00
Flat 6 R 3,850.00
Car parts R 2,500.00
Prepaid income R 4,500.00
R 68,255.00


Expenses:
COJ R 818.19
COJ R 6,455.59
COJ R 15,598.72
COJ R 22,872.50
 

Auction Details:
Type: OFF-SITE, ONLINE & TELEPHONIC
Auction Venue: Firzt Realty Company, 44 Glenhove Road, Melrose Estate, Johannesburg.
Property Address: 46 Macintyre Street, Jeppestown, Johannesburg
Date: Tuesday, 26th of September 2023
Time: 12:30 pm

Registrations open 1hr prior to the start of the Auction.
Special viewings upon request.

For Online or Telephonic Registrations, Auction Rules and T's & C's, please see our Auctions drop down tab on our website.

FEATURES:

  • Excellent investment potential
  • Remarkable cash generating potential
  • Mixed-use stands
  • 6 Flats
  • 5 Versatile shops
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