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POA

Commercial Property On Auction in City & Suburban

  • Gross Lettable Area 2 250 m²
  • AUCTION
196 Main St, City and Suburban, Johannesburg, 2094

This mixed-use investment opportunity, located on Main Street in the heart of City & Suburban, offers a compelling combination of retail, warehouse, and residential space. The property generates a GAI of R418,342, spans four floors, and benefits from high foot traffic on a bustling street frontage. With zoning for Industrial 1, it presents strong student accommodation potential of up to 60 beds.

Featuring 21 apartments, 7 fully tenanted retail shops, a warehouse component, and basement parking for up to 20 vehicles, this versatile property is ideal for investors seeking diversified income streams and redevelopment potential within the Johannesburg CBD.

Erf Number:

191

Township:

City & Suburban

ERF Size:

496 m²

GLA:

2,250m²

Property Description:

GAI: R418,342

4 Floors

Street Front Facing with High Foot Traffic

Zoning: Industrial 1

Student Accommodation Potential...

This mixed-use investment opportunity, located on Main Street in the heart of City & Suburban, offers a compelling combination of retail, warehouse, and residential space. The property generates a GAI of R418,342, spans four floors, and benefits from high foot traffic on a bustling street frontage. With zoning for Industrial 1, it presents strong student accommodation potential of up to 60 beds.

Featuring 21 apartments, 7 fully tenanted retail shops, a warehouse component, and basement parking for up to 20 vehicles, this versatile property is ideal for investors seeking diversified income streams and redevelopment potential within the Johannesburg CBD.

Erf Number:

191

Township:

City & Suburban

ERF Size:

496 m²

GLA:

2,250m²

Property Description:

GAI: R418,342

4 Floors

Street Front Facing with High Foot Traffic

Zoning: Industrial 1

Student Accommodation Potential for up to 60 Beds

21 Apartments (Potential Residential Income)

7 Fully Tenanted Retail Shops

Mixed-Use Building: Warehouse, Retail, Residential

Basement Parking for up to 20 Cars

VAT Registered:

No

Municipal Information:

• Municipality: COJ

• Monthly Rates: R8,551

Title Deed Information:

• Number: T8883/1999

• Municipal Area: City of Johannesburg

Listing number: P24-115668229, Image number: 1, No Status
Listing number: P24-115668229, Image number: 2, No Status
Listing number: P24-115668229, Image number: 3, No Status
Listing number: P24-115668229, Image number: 4, No Status
Listing number: P24-115668229, Image number: 5, No Status
Listing number: P24-115668229, Image number: 6, No Status
Property Overview
Listing Number
115668229
Type of Property
Commercial Property
Listing Date
04 March 2025
Availability Date
04 March 2025
Erf Size
247 m²
Floor Size
2250 m²
Zoning
General Business
Building Name
196 Main Street
Gross Lettable Area
2250 m²
Green Building
Yes
Building Grading
C Grade
Multi Tenanted
No
Standalone Building
No
Number of floors
4
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Auction Details

02 April 2025, 12:00
Killarney Country Club
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