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R 14 950 000

Commercial Property for Sale in Yeoville

40 Bedford Road, Yeoville, Johannesburg

990 m²

Contact Broker

Anton Schulz

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Residential and retail commercial investment property

This multi-storey, mixed-use (primarily residential) property is centrally located in the suburb of Yeoville, just off Louis Botha Avenue. The building has 45 flats in total comprising 38 × one-bedroom and 7x two-bedroom apartments. In addition to the flats, there are 24 individual rooms thaat are rented out. ±12 internal parking bays. New working elevator (lift). Also has a creche and 4 retail shops. Borehole water. Both water and electricity are pre-paid. Current net income is around R162,000 per month with some vacancies. When fully let, the potential net income of the property is around R2.2 million per annum. There is also additional monthly income from the borehole water as well as parking rental income.

**Transfer duty payable by the purchaser**

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Property Overview

Listing Number

115478673

Type of Property

Commercial Property

Street Address

40 Bedford Road, Yeoville

Listing Date

26 January 2025

Erf Size

990 m²

Floor Size

990 m²

Levies

R 150

Rates and Taxes

R 4 943

Points of Interest

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