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R6,900,000

Business for sale in Linmeyer

Prime Corner Property: A Seamless Fusion Of Retail And Residential

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.

Property Type
Business
Reference
2174623
Property history
Listed for sale at R6,900,000
17 Aug 2023
Get to know Johannesburg
Johannesburg is known by various names just as diverse as the residents - Jozi, Jo’burg, Joeys, eGoli. From its humble beginning as a mining town, Johannesburg has evolved into a buzzing urban hub of activity. From high rises dotting the skyline to leafy suburbs with sprawling properties, the city reflects the history of its growth and major events in Southern African history.
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