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Residential building with great income potential for sale!
Introducing the Ultimate Investment Opportunity in the Heart of Johannesburg CBD!
Welcome to an exceptional residential building located in the vibrant New Doornfontein neighborhood, just 650 meters away from the prestigious University of Johannesburg. This nine-story gem offers a fantastic opportunity for savvy investors, with 243 meticulously designed rooms and 128 modern flats, all under one roof.
What sets this property apart is its impeccable maintenance and thoughtful design. From the moment you step inside, you'll appreciate the care that has gone into every aspect of this building. With its contemporary architecture, it's a striking presence in the cityscape.
Key Features:
- 243 Rooms and 128 Flats: This substantial property offers a variety of accommodation options, ensuring diverse rental income opportunities.
- Nine Floors: Spread over nine floors, this building maximizes space and potential.
- 10,000 L Water Reservoir: With a large water reservoir on-site, you can be assured of a reliable water supply, even in challenging times.
- Tenant Contracts in Place: The property is currently occupied, with tenant contracts in place, guaranteeing an immediate stream of income for the discerning investor.
- Prime Location: Situated just a stone's throw away from the University of Johannesburg, this building attracts students and young professionals looking for convenient and accessible housing options.
- Great Investment: With the robust rental income potential, the New Doornfontein residential building is a golden opportunity for those seeking a lucrative investment in the dynamic Johannesburg CBD real estate market.
Whether you are an experienced investor or someone looking to diversify their portfolio, this property ticks all the right boxes. Take advantage of the Johannesburg property market and secure your future income streams today.
Don't miss out on this exceptional investment opportunity in one of Johannesburg's most sought-after neighborhoods. Contact us now to schedule a viewing and explore the possibilities that await you in New Doornfontein. Invest in your future with this remarkable property!
Welcome to an exceptional residential building located in the vibrant New Doornfontein neighborhood, just 650 meters away from the prestigious University of Johannesburg. This nine-story gem offers a fantastic opportunity for savvy investors, with 243 meticulously designed rooms and 128 modern flats, all under one roof.
What sets this property apart is its impeccable maintenance and thoughtful design. From the moment you step inside, you'll appreciate the care that has gone into every aspect of this building. With its contemporary architecture, it's a striking presence in the cityscape.
Key Features:
- 243 Rooms and 128 Flats: This substantial property offers a variety of accommodation options, ensuring diverse rental income opportunities.
- Nine Floors: Spread over nine floors, this building maximizes space and potential.
- 10,000 L Water Reservoir: With a large water reservoir on-site, you can be assured of a reliable water supply, even in challenging times.
- Tenant Contracts in Place: The property is currently occupied, with tenant contracts in place, guaranteeing an immediate stream of income for the discerning investor.
- Prime Location: Situated just a stone's throw away from the University of Johannesburg, this building attracts students and young professionals looking for convenient and accessible housing options.
- Great Investment: With the robust rental income potential, the New Doornfontein residential building is a golden opportunity for those seeking a lucrative investment in the dynamic Johannesburg CBD real estate market.
Whether you are an experienced investor or someone looking to diversify their portfolio, this property ticks all the right boxes. Take advantage of the Johannesburg property market and secure your future income streams today.
Don't miss out on this exceptional investment opportunity in one of Johannesburg's most sought-after neighborhoods. Contact us now to schedule a viewing and explore the possibilities that await you in New Doornfontein. Invest in your future with this remarkable property!
Features
Zoning
Commercial
Interior
Power (3 Phase)
Yes
Exterior
Security
No
Parking Bays
Covered Parkings
200
Basement Parkings
200
Sizes
Floor Size
7,500m²
Extras
This Property is perfect for student housing, due to the location where is based.
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