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Commercial Property For Sale in Linmeyer, Johannesburg

Linmeyer, Johannesburg
R 6900000
RunningCosts Bond
Costs
Property Type Commercial
Erf Size NA
Levies R 0
Listing Date August 17, 2023
Floor Size NA
Rates and Taxes R 0
Details
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Property description

Introducing a remarkable three-story primary mixed-use corner building that seamlessly blends retail and residential spaces within an L-shaped layout. The ground floor is dedicated to a collection of five street-facing retail shops, enhanced by an interconnected courtyard and ablution area. Adjacent structures offer supplementary support to the main building's functions.

Four apartments each adorn the first and second floors, totaling eight residential units. Six of these feature inviting private balconies overlooking the street, while a communal internal staircase, equipped with a secure steel gate, provides access from South Rand Road. An additional fire escape staircase connects to covered walkways from the courtyard yard.

Among the eight apartments, six are designed with two bedrooms, while two boast one bedroom. The layout primarily comprises a kitchen, a lounge or living room, and a bathroom with a bathtub. A subset of units includes a dining room, and six offer a street-facing balcony accessible from the living area. The apartments, though varying in size, share a consistent and functional configuration.

Key features include an individual lockable garage, a secure communal courtyard nestled behind the apartment building, and communal washing lines for convenience. The property is equipped with fire safety measures, such as fire extinguishers and a fire escape staircase. Covered walkways provide scenic views of the courtyard.

The building's construction combines concrete columns, beam structures, and face brick walls, adorned with expansive aluminum-framed shopfronts on the ground floor and steel-framed windows and doors for the apartments. A pitched tiled roof crowns the structure.

The property is fully connected to municipal services. Electricity usage charges are allocated to tenants based on verified meter readings. This low-maintenance building offers a seamless blend of commercial and residential appeal, presenting a unique investment opportunity.

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