2123 m² Retail Space in Troyeville

R 10 500 000

Stephen Benjamin

Parkvillage Auctions

2123 m² Retail Space in Troyeville

R 10 500 000

Address: 22 andries
Floor Area 2123 m² Land Area 1237 m²

SOLE MANDATE

ERF 141 & 142 TROYEVILLE

22 ANDRIES STREET

SOLE MANDATE

LOCATION LOCATION LOCATION

EXCELLENT INVESTMENT OPPORTUNITY

RESIDENTIAL 4 ZONING

Two Stands on Main Road with excellent visibility

Corner Stand plus a 1900m2 Building with four floors and a basement

RES 4 Zoning in place

Even sizes SIZE 743M2 AND 494M2

4 Open plan floors and basement and roof garden

Stands are next to each other

The two stands have a F.A.R OF 2123M2 Under roof.

Lift and dumb waiter in excellent working order have been serviced yearly for the last 40 years

Open stand can be converted to a building with Shops and a Restaurant

Lower level with parking in the basement plus Flats or Bachelor Pads and an Entertainment arena

Top Education Campus a few minutes walk

Walk to Ellis Park Stadium

New home of Soccer and other major sporting events

On Albertina Sisulu Street going to major highways and Airport

Up and coming new hub wanted by the younger generation

Newly revamped Troyeville Hotel has set the precedent for a viby new in demand suburb

Close to Flea Markets and Art Exhibitions

Building has a Roof Garden for Party events / Restaurant with a view

COC will be provided

The owner has been updated with information in line with the new Property Practitioners Act

This is an ideal investment opportunity for a Property Portfolio of someone wanting to kick start his property portfolio

VIEWING BY APPOINTMENT ONLY

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Interest at 8.25% for 20 years
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Experience Johannesburg CBD and Bruma

The Johannesburg CBD encompasses a vast area, ranging from the affluent areas like Linksfield, to more affordable areas like Hillbrow and Bruma. After years of being seen as a no-go area by many, the city centre has bounced back to being in demand again. A massive urban regeneration project has seen money pumped into the area and occupancy is up and crime is down - a sure sign that it's working. The Maboneng precinct, for instance, now attracts a hip, arty crowd to its bars, restaurants, shops and art galleries.

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2123 m² Retail Space in Troyeville

R 10 500 000

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