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Property
Description

This Is A Three-storey Mixed-use Property Which Comprises Of Residential And Retail Components. The Residential Aspect Of The Property Consists Of 3 Bachelors Apartments, 6 X 1-bedroom Apartments And 5 Independent Rooms With Communal Ablutions. There Are Five Retail Outlets On The Ground Floor. Each Apartment And Retail Outlet Is Fitted With A Water Meter And Prepaid Electricity Meter To Monitor And Manage Consumption. The Building Has A Face-brick Exterior Which Is Low Maintenance.

Features
Block Of Flats With Retail
Investors Dream
Low Maintenance

Gross Annual Income is 792, 000
 
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.

PROPERTY TYPE:
Commercial

PROPERTY ADDRESS:
Protea Court, 411, Commissioner, Fairview, Johannesburg, Gauteng

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

AUCTION DATE:
2019-09-19

AUCTION START TIME:
12:00

KEY FEATURES

ERF SIZE: 248m2

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