This prime mixed-use property in the heart of Johannesburg CBD offers an exceptional investment opportunity. Boasting a projected GAI of R4,101,600, the property includes a diverse tenant mix of 14 x 1-bedroom units, 54 x 2-bedroom units, and 11 retail shops. With zoning for Business 1, it caters to both commercial and residential development, making it ideal for businesses and investors seeking versatile opportunities. The property also features 2 passenger lifts, enhancing convenience and accessibility for tenants and shoppers alike.
Strategically located, the property benefits from high foot traffic and is just 5 minutes from a taxi rank, ensuring excellent connectivity for residents and businesses. Situated amidst the vibrant energy of Johannesburg CBD, it offers unparalleled
exposure and accessibility for retail tenants. As part of a liquidation sale, this property presents buyers with a unique chance to acquire a high-performing asset in a prime location at a potentially favorable price.
Erf Number:
Erf 1292
Township:
Johannesburg
ERF Size:
496 m²
GLA:
3,639 m²
Property Description:
• Projected GAI: R4,101,600
• Tenants include 14 x 1-bedroom units, 54 x 2-bedroom units
• 11 Retail spaces
• 2 passenger lifts
• Located in the heart of Johannesburg CBD with high foot traffic
• Ideal for mixed-use development with retail and residential components
• Zoned Business 1, allowing for various business and commercial uses
• Liquidation sale
• 5 minutes from a taxi rank
VAT Registered:
Yes
Municipal Information:
• Municipality: City of Johannesburg
• Monthly Rates: R8,104
Title Deed Information:
• Number: T30578/2017
• Registration Date: 13-Mar-17
• Municipal Area: City of Johannesburg
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