7640 m² Commercial space in Johannesburg Central

High-performing asset comprises of 93 residential apartments and 4 retail shops in the hustle and bustle area Joubert Park with a total GLA of 7640sqm.

Operating at close to 100% occupancy with strong retail!

A fully let residential element comprising of:

Bachelors - 25 units

2 bed - 12 units

3 bed - 30 units

4 beds - 26 units

Total rental income of R722 000 per month and escalations being achieved at 8%.

All residential and retail have prepaid electricity meters.

The property has a fully functional biometric access control system and the lifts are less than 2 years old.