JHB CBD -70 LOVEDAY ST
 PROPERTY INFORMATION
| Physical Address |
RACHERS BUILDING
UDZ BUILDING
70 LOVEDAY ST |
| Township |
JOHANNESBURG |
| Zoning |
BUSINESS 1 |
| GLA |
3600 m2 |
| Coverage |
85% |
| Current use
of property |
SHOPS AND FLATS |
| Legal Identification |
ERF 4843 JHB |
| Municipal Authority |
JOHANNESBURG METROPOLITAN |
| Land
size |
500 M2 |
DETAILS
This property is in pristine condition, newly renovated.
The plumbing is new and the electrics are in perfect working condition.
Each room is separately metered for electricity.
8 floors with 12 rooms on each floor with 2 common bathrooms on each floor.
4 Retail shops including Morkels.
 INCOME
PM - DETAILS
OF TENANTS
Potential income from 96 flats currently unoccupied.
| MORKELS |
R 38 000.00 Lease of 5 yrs from 08/2007 |
| OTHER 3 SHOPS |
R 11 500.00 |
| TOTAL INCOME PM |
R 49 500.00 |
EXPENSES ( MONTHLY )
Rates and Taxes
|
R 7 030.00 |
| Water and lights |
R 4 212.00 Recoverable
|
| Maintenance |
R 800.00 |
| Insurance |
R 900.00 |
ALTHOUGH CARE HAS BEEN TAKEN INTO ASSEMBLING INFORMATION, RADISUN CANNOT BE HELD RESPONSIBLE FOR ANY OMMISSIONS ON BEHALF OF THE SELLER
|
