New
R 11 500 000
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Commercial space in Gresswold

2 30 3 018 m²

Fully tenanted block of flats in Gresswold Johannesburg

A rare opportunity to acquire a solid, incomeproducing residential block in the heart of Gresswold, one of Johannesburgs most central and wellconnected suburbs. This property offers a strong rental mix, excellent accessibility, and longterm growth potential ideal for seasoned investors and portfolio builders.

This complex consists of two twin 3storey buildings, connected by a singlelevel corridor that houses store rooms and staff accommodation behind the passageway. The layout is efficient, secure, and designed for easy management.

Unit Breakdown

7 3bedroom units R7400.

16 2bedroom units R6500

1 x 1bedroom unit R5000

Total: 24 residential units

The mix provides a balanced rental profile, appealing to families, young professionals, and longterm tenants.

Perfectly positioned for high tenant demand:

- On bus routes

- Minutes from Balfour Park Mall

- Quick access to key Johannesburg freeways

- Close to schools, workplaces, and public transport

This central location ensures consistent occupancy and strong rental returns.

- Stable rental area with ongoing demand

- Solid brick construction and practical layout

- Additional storage and staff rooms for operational efficiency

- Ideal for investors seeking multiunit residential income

- Potential for upgrades to increase yield

This block is perfect for:

- Property investors expanding their residential portfolio

- Developers seeking a welllocated building with valueadd potential

- Funds or groups looking for stable, longterm rental income

Property details

  • Listing number T5598244
  • Property type Commercial
  • Listing date 25 Aug 2026
  • Land size 3 018 m²

Property features

  • Bathrooms 2
  • Open parking 30

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