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R 4 450 000

Commercial Property for Sale in Bellevue

14 Pope Street, Bellevue, Johannesburg

Floor Size 496 m² Erf Size 496 m²
La Rene - Residential block of 15 flats plus retail shop
This property is located in the older residential suburb of Belle-Vue in Johannesburg. This rental investment comprises 15 flats - 1 x three-bedroom, 12 x two-bedroom and 2 x bachelor. Individual rooms in the flats are rented out so there are 28 rooms in total in the building. Water and electricity are pre-paid for the tenants. Current net income of the building is around R52,000 per month with some rooms vacant. When fully let, the net potential income of the property is around R70,000 per month. The ground floor shop is occupied generating a rental of R6,830 per month. A buyer has the option to purchase the company (100% shares) of the company that owns the property, thereby saving transfer duty. Otherwise, transfer duty is payable by the purchaser.
Listing Number
115493724
Type of Property
Commercial Property
Street Address
14 Pope Street, Bellevue
List Date
29 January 2025
Erf Size
496 m²
Floor Area
496 m²
Levies
R 1 824
Rates and Taxes
R 2 639
Zoning
General Residential
Green Building
No
Multi Tenanted
Yes
Number of floors
4

Education

Sha-Arei Torah Primary School
0.54km
Yeoville Boys' Primary School
0.57km
Yeoville Community School
0.66km
Bellevue Primary And High School
0.67km
Africa International Private School
0.68km
United Church Preparatory School
0.69km
Foundation Learning Academy
0.79km
Beth Jacobs Girls' High School
0.80km
Bertrams Junior School
0.83km
Sheikh Anta Diop College
0.84km
King Edward V11 Preparatory School
0.92km
Observatory Girls' Primary School
0.99km
Coghlan Primary School
1.21km
Rand Tutorial College
1.26km
King Edward Vii School
1.28km
Athlone Boys' High School
1.41km
Johannesburg Girls' Preparatory School
1.45km
Barnato Park High School
1.51km
Berea Primary School
1.52km
Sacred Heart College
1.53km
Rand Hills College
1.60km
Rand Preparatory And College
1.62km
Wts Tutorial College
1.69km
Troyeville Primary School
1.70km
Houghton Primary School
1.70km
View more

Food and Entertainment

Alahambra Theatre
1.37km
Peoples Palace
1.40km
Cardiff Arms
1.43km
View more

Transport and Public Services

Kingdom Hall of Jehovah's Witnesses
1.41km
Fire Station 8
1.68km

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Anton Schulz
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Contact Agent

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Titan International

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Anton Schulz
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