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