31 UNIT BUILDING FOR SALE IN JOHANNESBURG CITY AND SUBURBAN
JOHANNESBURG CBD INVESTMENT OPPORTUNITY - COMMERCIAL REDEVELOPMENT OPPORTUNITY/ STUDENT ACCOMMODATION/ RESIDENTIAL APARTMENTS
For the discerning investor who recognises value before the market catches up. Johannesburg CBD presents an exciting opportunity for the investors with the foresight to recognise the potential of urban regeneration, redevelopment and the growing demand for well located accommodation. As older buildings are refurbished, modernised and repurposed, opportunities are emerging for forward thinking investors to acquire strategically positioned properties and transform them into income generating assets.
We are proud to present a redevelopment opportunity in Johannesburg CBD; a substantial 31 unit building, approximately 98% complete, offering investors the opportunity to bring a promising property project across the finish line and unlock its full commercial potential. This is more than a building. It is an opportunity to position yourself within Johannesburg's evolving urban landscape.
The building comprises 31 units and offers the flexibility to explore several investment strategies. Student Accommodation - A Strategic Investment Opportunity - With its central location and potential capacity to accommodate almost 100 students, this property presents an attractive opportunity for investors looking to enter or expand within the student accommodation market. Residential Apartments - Unlocking Rental Market - For investors seeking a residential rental portfolio, the property offers the opportunity to develop 31 residential units within an established urban setting. The growing appeal of accessible city living creates scope to explore accommodation for young professionals, working individuals, small households and residents who value proximity to employment opportunities, public transport and everyday amenities. Retail Potential - A Takeaway or Convenience Store - Adding further commercial value is the potential to incorporate a takeaway outlet or tuckshop within the property. This could provide a convenient service for residents and students while also attracting customers from neighbouring buildings and the surrounding community.
Development Potential: Room to think bigger - The building currently comprises two floors, with the possibility of a third floor indicated in the plans.This presents an additional avenue for investors to investigate the property"s future development potential. For an investor with a long term vision, this potential offers another reason to examine the property beyond its existing configuration. One of the property's key attraction is that it is approximately 98% complete.
A central location with connectivity - Location remains one of the most important considerations in property investment, and this building benefits from its position within Johannesburg CBD. Arrange a viewing, assess the development potential and establish how this property could fit into your investment portfolio. 31 units. Multiple possibilities. One strategic opportunity.
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Features
Rooms
Shower and Toilet, tiled
open plan
Bedroom
Bachelor unit
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1 bed unit
1 bed unit
2 beds unit
bacgelor unit
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bachelor units
bachelor units
bachelor units
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bacheolr unit
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2 bedrooms
2 bedrooms
1 bedroom
Lounge
open plan
open plan
Parking
underground
Amenities
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.