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POA

Commercial Property On Auction in Bellevue

  • Floor Size 498 m²
  • AUCTION
Bellevue - Sublet Residential Block Of Flats With 9 Single Rooms And Retail Shop

4 Well sized sublet apartments investment building with high Yield in Bellevue. Good long-standing tenants with a low vacancy rate. Small Retail shop on the ground floor. The property offers 4x2 Bedrooms apartments, 9 ground floor single units including caretakers’ room.

The property currently generates R57 700 per month in rental income.

Pre-paid electricity is installed in all sublet units.

• Entrance Area

• Living area converted into 3 additional bedrooms

• 2 Bedroom

• Kitchen

• Combined Bathroom and separate toilet

• Emergency Fire Escape Stairs.

Ground Floor Single Units x 8

• Single living Room

• Shared Toilet and Shower

• Retail shop at the front of the property.

Pre-paid metre for electricity in each unit.

Borehole onsite.

Features

4 Well sized sublet apartments, 9 Single rooms and Retail Shop

Located in a...

4 Well sized sublet apartments investment building with high Yield in Bellevue. Good long-standing tenants with a low vacancy rate. Small Retail shop on the ground floor. The property offers 4x2 Bedrooms apartments, 9 ground floor single units including caretakers’ room.

The property currently generates R57 700 per month in rental income.

Pre-paid electricity is installed in all sublet units.

• Entrance Area

• Living area converted into 3 additional bedrooms

• 2 Bedroom

• Kitchen

• Combined Bathroom and separate toilet

• Emergency Fire Escape Stairs.

Ground Floor Single Units x 8

• Single living Room

• Shared Toilet and Shower

• Retail shop at the front of the property.

Pre-paid metre for electricity in each unit.

Borehole onsite.

Features

4 Well sized sublet apartments, 9 Single rooms and Retail Shop

Located in a vibrant area of Bellevue, Johannesburg

Zoned for Residential 4

Great Income Generating Opportunity

High Yield

Listing number: P24-114583273, Image number: 1
Listing number: P24-114583273, Image number: 2
Listing number: P24-114583273, Image number: 3
Listing number: P24-114583273, Image number: 4
Listing number: P24-114583273, Image number: 5
Listing number: P24-114583273, Image number: 6
Listing number: P24-114583273, Image number: 7
Listing number: P24-114583273, Image number: 8
Listing number: P24-114583273, Image number: 9
Property Overview
Listing Number
114583273
Type of Property
Commercial Property
Street Address
Listing Date
26 June 2024
Erf Size
495 m²
Floor Size
498 m²
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Auction Details

01 October 2024, 11:00
Masingita House, 41 West Street, Houghton Estate, Johannesburg
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