Apartment / flat for sale in Jeppestown

Situated in Jeppestown, a stone's throw away from Kensington's premier Highland road and the Jeppe Boys' High playing fields, this 3-story, 15-unit apartment building is well constructed. Due to some issues with the owner, the tenants are not paying rent. It will be up to the Purchaser to resolve the issues and persuade them to resume rental payments, or have them evicted. Features include: 15 units - all with entrance hall, lounge, bathroom, bedroom (bath, basin, toilet), kitchen & balcony. Parquet, wooden, laminated, and tiled flooring in different units. The staff quarters on the roof have been converted into a 16th unit for extra income. Communal prepaid electricity, a rooftop laundry area, underground garaging for 15 cars, and a communal courtyard JEPPESTOWN Jeppestown was established in or after 1886 by C.E.G. Julius Jeppe, who formed the Ford and Jeppe Estate Company with his son, who was also called Julius Jeppe, and L.P. Ford. In 1893, the Masonic temple was completed. In 1894, Jeppestown was described as consisting of "421 buildings, two churches, a Masonic temple, St Mary's Collegiate for Girls and a library". In 1896, the suburb had 5,647 inhabitants. St Michael's School for Boys, which has since been renamed Jeppe High School for Boys, was established in 1890, and the piece of open land called Julius Jeppe Oval was converted to a park in approximately the same year. The eastern part of Jeppestown came to be known as Belgravia.