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Tenanted Shops/Apartments+Stand

16 Webber Rd, Germiston South (Industries E A), Germiston, 1401, South Africa
R10,000,000

Detail

Updated on September 1, 2019 at 9:48 am

  • Property Type: Apartment Blocks, Mixed Use, Retail
  • Property Status: For Sale
  • Income: ±R852 192 pa
  • Zoning: Business 1
  • Extent : ±2 120m²

Additional details

  • Permitted Use: Mixed Use
  • Servitudes: Access Road
  • Parking: Open

Description

A two storey building with 6 shops on the ground floor and 12 flats over two storeys above.
There are 2 one bedroom apartments, 8 two bedroom apartments and 2 three bedroom apartments consisting of a kitchen a bathroom and toilet. Electricity is paid by the tenants directly to the council. There are no written leases. All tenants, shops and flats are on a month to month basis.
Water charges are included in the rental for the flats.
There are two floors of additional bulk available. The building has a vacant lift shaft.
There are three staff rooms to the rear of the property.
The court yard provides toilets for staff of the shop.
Security for the shop’s is provided for by burglar bars, burglar doors and roller shutters doors.

The larger shops have their own electricity meters which is paid directly to the council.
Three phase power is available.

Pre-paid electricity meters for the flats have been ordered and paid for. Installation is still to be done by the council.
The adjoining stand is included in the sale.

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