Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Time to next auction

0
:
0
:
0
:
0

Property
Description

Property Description

This exceptionally well-positioned block of 9 Flats & 5 Retail units is located on a busy intersection. On main road Commissioner Street & Grace Street, Fairview, Johannesburg. Unsectionalised block of flats, consisting of 9 spacious flats, 5 rooms and 5 retails shops. Fully Let, the building can Gross R 70.000.00 p.m. Currently, 95% occupied. This a prime investment opportunity for a growing investor.

Features

Mixed-Use block of Flats

Well let R 65.000.00 p.m.

Caretaker R 3000.00 p.m.

Rates & Taxes R 7708.43 p.m.

Prepaid Electric

Water Metered & Recovered

Sewerage & Refuse Recovered

9 Residential Units

 - 6 One Bed Flats

 - 3 Bachelor Flats

5 Rooms

5 Shops

On Commissioner Street (Main Rd)

Area Description

Fairview is a suburb of Johannesburg, South Africa. It is a small suburb found on the eastern edge of the Johannesburg central business district (CBD), with the suburb of Troyeville to the north, Jeppestown to the south, and Malvern to its east. Commissioner Street, the main street in the CBD, has its eastern end in the suburb. It is located in Region F of the City of Johannesburg Metropolitan Municipality.

Amenities

Engen Fairview Motors 0.05 km

Filling Station 0.62 km

Engen Crossman Motors 0.67 km

Gautrain Parking 3.55 km

Gautrain Johannesburg Station 3.10 km

Life New Kengzinton Clinic 0.56 km

Zuzimpilo Clinic 2.93 km

Joburg Medical Centre 3.28 km

SAPS - Jeppe 1.12 km

SAPS - Yeoville 2.28 km

Metropolitan - Johannesburg 3.04 km

Sedibeng Sa Thuto 0.20 km

Padisago Primary School 0.05 km

Fairview Junior School 0.20 km

Corporate Park Corner 0.51 km

Jozi Mall 0.94 km

Shopping Centre 1.63 km

University of Johannesburg - Doornfontein Campus 1.74 km

Uj-Dfc Admin Block 1.81 km

Metropolitan College 1.82 km

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
Protea Court , 411 Commissioner Street , Fairview - Property Ref: F107094, Johannesburg , Gauteng

AUCTION ADDRESS:
Masingita House , 41 West Street, Fairview , Johannesburg , Gauteng

AUCTION DATE:
2021-06-17

AUCTION START TIME:
14:00

KEY FEATURES

ERF SIZE: 250m2 | GBA: 750m2

Thukela Mdingane
Residential & Commercial Property Specialist

M: 076 907 7102

T: 011 268 2681

E: thukela@auctioninc.co.za

ENQUIRE NOW

Fill in your details below and we'll be in touch

Please complete the form field.
Input is not a valid email address!
Input is not a valid contact number

Sign up for our newsletter

Be the first to know about upcoming Auctions.

Please complete required fields.
Please enter a valid email address.

Copyright 2021 AuctionInc