2 011 m² Commercial space in Johannesburg Central
Exceptional Commercial Investment Opportunity in Doornfontein
We present four consolidated commercial stands for sale in the thriving neighborhood of Doornfontein, Johannesburg. This rare investment opportunity boasts a total land size of 2011m2, zoned for commercial use, with four separate erves (115, 113, 124, and 122) measuring 505m2, 496m2, 504m2, and 505m2 respectively.
Key Features:
Four buildings with approximately 375m2 coverage each
One double-story and one-and-a-half-story buildings, totaling over 2000m2 under roof
Existing student accommodation rights
Secure perimeter fence, CCTV, and alarm system
Currently occupied by a call center, with plans to relocate upon sale
Potential:
Convert into multiple-story residential apartments for entry-level and student accommodation
Cater to private rentals and student housing demands
Strategically located near universities, colleges, and financial hubs
Location Highlights:
Proximity to University of Johannesburg (Doornfontein campus), Wits University (Parktown campus), and major banks (Absa Towers, Standard Bank, FNB Square)
Close to Nelson Mandela Children''s Hospital
Part of Johannesburg''s financial hub, with potential for high returns
Asking Price: R 7,000,000.00
This investment opportunity offers immense potential for developers and investors. Don''t miss out on this chance to capitalize on the growing demand for accommodation in Johannesburg''s inner city.
Property details
- Listing number T5045591
- Property type Commercial
- Listing date 15 Apr 2025
- Land size 2 011 m²
- Floor size 2 011 m²