R 2 950 000
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2 800 m² Commercial space in West Turffontein

990 m² 2 800 m²

Well Maintained Apartment Block in West Turffontein For Sale

This well kept West Turffontein apartment block faces onto three streets and thus is on two corners and is in a quiet part of the suburb.

Rental income is R779 400 per year.

Currently the tenants do not pay and there is an eviction order in place

Features: X 6 two bed units of 70m2, X 6 one bed units of 60m2, X 2 bachelor units of 45m2, X 8 rooms, X 7 parking bays, courtyard, tiled floors, secure parking, wall & palisade fencing, laundry area, garden, fire escape, burglar proofing, driveway, paveway

Sadly, the tenants have stopped paying and this has become a problem

TURFFONTEIN

Turffontein was established somewhere in the late 1800s which would mean it was established during the gold rush that established the greater Johannesburg or PWV (Pretoria, Witwatersrand, Vereeniging) which is also validated by the Robinson Deep shaft outside Turffontein.

Property details

  • Listing number T4622550
  • Property type Commercial
  • Listing date 6 May 2024
  • Land size 990 m²
  • Floor size 2 800 m²
  • Rates and taxes R 3 520
  • Levies R 500

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