Commercial space in Gresswold
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