2 380 m² Commercial space in Turffontein

This building has so much potential. Monthly income is R110 000.00 with monthly expenses of R50 000.00 per month. It does need refurbishment to bring it back to its former glory. The building offers a basement which is used primarily for storage. The ground level consists of 5 shops, all let at present, the first and second storeys are residential units consisting of 40 rooms, communal bathrooms both male and female and kitchens that are shared by the residence. All 40 units are let at present - this building would be a perfect opportunity to created affordable housing or student accommodation.

The building is well positioned in the CBD with the neighbouring buildings occupied by the JMPD, Gandhi Square is close by, shopping centres within walking distance