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Property
Description

Property Description

This fully let block of flats comprising of twelve units and five rooms, it is well located on 120 Regent Street, Bellevue East, Johannesburg. 

The units are well sized bachelors and one bed flats, typically ranging from 35 m2 – 48 m2. All self-enclosed with individual ablution and kitchenette.

The mix of units is as follow: 

- 6 × one bedroom units 48 m2  +/-

- 6 × bachelor units 35 m2 +/- 

- 5 × rooms 20 m2 +/-

The area has sound demand for accommodation, currently the block is generating:

- R 45.000.00 p.m.

- Rates and taxes R 1142.98 p.m.

- Refuse collection R 377.20

- Water and electricity are well metered and recovered from the tenants

The property is structurally sound, and requires minimal upkeep. Some of these flats have balconies which can also be enclosed to increase GLA, mainly for the bachelor units. The property is wholly owned and un-sectionalized.  

Eight geysers are fitted to the block, neatly tucked away in basement type enclosers on either side of the block. The property only needs four geysers to run in order to supply enough water to all the residence, making the remaining four extras for whenever maintenance is required. All the usage is well metered in the building, electric and separate flow meters for hot/cold water to each unit.

Heat pumps are also fitted to the block and are an optional source of power for hot water.

Features

6 × one bedroom units 48 m2  +/-

6 × bachelor units 35 m2 +/-

5 × rooms 20 m2 +/-

R 45.000.00 p.m.

Rates and taxes R 1142.98 p.m.

Refuse R 377.20

Water and electricity recovered

Good location

Area Description

Bellevue East is a suburb of Johannesburg, South Africa. It is located in Region F of the City of Johannesburg Metropolitan Municipality.

Amenities

Bertrams Motors 0,46 km

Sasol Houghton 0,59 km

Engen Yeoville Motors 0,90 km

Avis - Gautrain - Rosebank 4,27 km

Gautrain Parking 3,30 km

Gautrain Johannesburg Station 3,47 km

Life New Kengzinton Clinic 2,47 km

Nelson Mandela Children's Hospital 3,16 km

Netcare Linkwood Hospital 3,27 km

SAPS - Yeoville 0,83 km

SAPS - Norwood 2,11 km

SAPS - Hillbrow 2,78 km

Observatory Girls' Primary School 0,21 km

Yeshivath Torath Emeth College 0,49 km

Eveline Independent School 0,15 km

Faeriedale Shopping Centre 1,07 km

Killarney Mall 2,13 km

Darras Centre 2,35 km

Sacred Heart College 0,63 km

University of Johannesburg - Doornfontein Campus 1,96 km

Uj-Dfc Admin Block 2,05 km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
Turenne Court, 120 Regent Street , Bellevue East, Johannesburg, Gauteng

AUCTION ADDRESS:
Masingita House, 41 West Street , Houghton Estate , Johannesburg, Gauteng

AUCTION DATE:
2020-03-12

AUCTION START TIME:
12:00

KEY FEATURES

ERF SIZE: 89m2 | GBA: 495m2

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