1405 m² Commercial space in Jeppestown

Ideally positioned in the heart of Jeppestown on the corner of busy Marshall and McIntyre streets, this complex of retail outlets and residential apartments has been well maintained

This sought-after complex includes 7 apartments of various sizes, doctor''s rooms, a shoe manufacturing plant, a hardware store, a car parts shop, and a restaurant. Gross Income: R65 660, Expenses: R22 873, Net Income: R42 787 Yield = 13%

JEPPESTOWN

Jeppestown was established in or after 1886 by C.E.G. Julius Jeppe, who formed the Ford and Jeppe Estate Company with his son, who was also called Julius Jeppe, and L.P. Ford. In 1893, the Masonic temple was completed. In 1894, Jeppestown was described as consisting of 421 buildings, two churches, a Masonic temple, St Mary''s Collegiate for Girls and a library. In 1896, the suburb had 5,647 inhabitants. St Michael''s School for Boys, which has since been renamed Jeppe High School for Boys, was established in 1890, and the piece of open land called Julius Jeppe Oval was converted to a park in approximately the same year. The eastern part of Jeppestown came to be known as Belgravia.